65 PERCENT JESUS FUCKING CHRIST

How does is feel knowing that when you die, everything you worked towards in your life becomes the government's property?

Your estate won't be valuable enough to be hit with this tax.

Who cares? We don't have kids in the West anymore. We import third world immigrants to fill the gap.
This therefore makes perfect sense.
Nobody here has kids, and when they die the wealth gets redistributed to the newly arriving migrants from Africa. It's a perfect cycle.

probably the biggest slap in the face is that the taxman and auditor would be at the door the very next day, for all the plebs

....whilst anybody with any actual money would have safely loopholed it away

Right wing retards think they;re going to have an estate worth more than $5.5M...

The globalists have cucked you retards well. All you want are tax cuts for the globalists. Fucking Trump voters man.

>there are people who are supporting the republicans on this forum because they actually believe in the reaganomics trickle down shit

hahaha what the fuck

i thought it was all just nazis? there are people who have actually been brainwashed by the neoocons here?

lol

hope you still like her Mark Jewbin

someone tell a ameridumb what an estate tax is

Doesn't estate tax kick in at like five million?

hey i'm a trump voter, i'm just not a fucking dumbass

"right wing" doesn't mean "libertarian fairy-tale believing reagan worshipper"

>privately held wealth should be in the hands of the state (kikes with no oversight), where they can use if for (((((everyones))))) best interests

> we will tax rich people up the ass!

well, what if they just stop being rich or leave hte country?

>life is a giant tax farm and we should fuck the other guy

Post that graph as a percentages of average income not gross values. Thanx leaf

Wow!!! the lowest quintile safe less than 200,000 on their taxes! That's an outrage! Each poor person in America deserve savings valued at (bare minimum) one million dollars!

...

AHAHAH This idiot is going to be at the debate in front row seats rooting for Hillary.

>top rate
you won't be paying the top rate unless you're rich as fuck, genius.

what it does is limit the ability to inherit wealth and thus establish a dynasty, which is quite possibly only a good thing. (The government doesn't need it for revenue. Taxation exists to destroy money, not generate revenue.)

>for all the plebs
Plebs don't pay estate tax.

who do you think has the largest quantity of (((privately owned wealth)))?
who do you think uses their (((privately owned wealth))) to dictate to politicians what's in "everyone's" (()) best interests.

Only about 50% currently... before I died.

Borrow Money from me, George Soros that is. Muhahahahah. Oh you can't pay it back? Well I'll just take some of your property and land

inheritance

Mark made a secret deal with Hillary to be exempt, he doesn't play by the same rules as the rest of the other 'pleb' billionaires.

>or leave hte country?
This is why free movement of currency was a mistake.

The number one force behind globalism and all that it entails is the fact that rich people no longer have to care about their home country because they can just convert their currency to that of another country and hop on a jet elsewhere. Stop free floating currency exchange and you plug that hole.

Sure, they can try moving it illegally, but that just means a lot of them are going to fuck up and have it all confiscated (especially given that if all nations adopted currency controls, they would all have an incentive to penalize those who violated them regardless of nationality.)

>pleb billionaires

Who would that even be???

I'd be ok with this. Don't care enough to vote for Hillary, but sure, let's put estate taxes back they were before GWBush

Do you really think that she would tax the people supporting her 65%??

No, because there will be loopholes and her supporters and many other huge companies will be excluded or have huge reductions while everyone else gets fucked.

She is just appealing to the "Rich people should be taxed more" supporters

Where did you get that graph from? It's false, as far as I can tell.

You can't take it with you. Besides your faggot children will probably spend it on something stupid anyway.

Go study actual economics at any university, and you'll quickly be shown mathematic proof that "taxes on the rich" e.g. corporate taxes, estate taxes, etc, in actuality become taxes on consumers and the middle class. But don't let pesky little things like economic facts get in the way of your leftist ignorance.

Sure thing Hillary Ill finish your water

>will probably spend it on something stupid anyway.
So? Better than the govt having it

The biggest slap in the face here in murrica is that the IRS assess your bill and lets you know what it is but also magnanimously tells you that if you need time to sell the family silver or break up the farm for sale, you can pay it over a few years.

You know, like the mob.

>Spend entire campaign begging millionaires and billionaires for money
>Turn around and tell them their estates will go to spicniggers, not their own families, when they die
J U S T

This graph is the most dishonest graph I have ever seen. Trump has confirmed that he is raising taxes on the rich. He is going to close loopholes and lowering taxes meaning most will be paying more.

i'm sitting in my apartment a 4 minute walk away from the chicago school of economics' central headquarters right now, where i spent half of my day

congrats on following america's biggest cult, remember to kiss a picture of reagan before you go to sleep every night in the men's shelter, it will make your pension grow THIIIIIS much

How else do you think welfare and social security is going to keep going?

All those boomers need their fucking disability and medications. When you're dead, you're dead, the money needs to be taken for the youth you old assholes fucked over.

Sorry, I'm dumb. That's tax in dollars on the left, not percentage. That's really misleading.

Theoretically, couldn't corporations easily get around this since a corporation is considered a human being? Give the corporation a base pay of 80k/year then pay the rest in stock shares?
I know they already do this, albiet not in the same magnitude. The CEO of a multibillion dollar corporation usually only has a base pay of ~800k or so, but they're paid millions in shares of the company.

source for the graph?

None, because in his book, he actually includes his tax plan and that looks nothing like it

nice try though

You are thinking sales taxes user. Estate taxes on the rich and income taxes on the rich do not affect prices for consumers at all

You fuckers dont get the multimillion dollar exemption which makes an estate tax soley on the very rich??? Not somethibg to get bummed about, your share of taxes will fall because of this

post yfw when you realized Hillary was a Trump plant all along.

Lol no he hasn't. AHAHAA you got kiked good. He's bitching at Hillary for raising the estate tax which affects literally the top 0.1%.

Who are the bums that think this is okay?

why does anyone ever want to vote?

voting is lame, democracy is lame, caring about anything is lame

be a good goyim and take your self destructive nihilism

Is it even legal to take someones property for the government rather than their families when they die?
Someone please explain how she expects this to work

"Trickle down economics" isn't an actual thing, it's a leftist pejorative.

>mfw, inflation kicks in and everyone becomes a millionaire
>mfw, the government takes 90% of your hard earned shekels working as a Cred Forums janitor.

...

Good luck farmers and ranchers with multimillion dollar land but not enough to pay these taxes. Stupid ass liberals kek.

TOP FUCKING KEK. THIS IS THE MOST AMAZING THING THAT HAS HAPPENED.

HE'S ON THE FRONT SEAT OF THE DEBATE.

Implying you won't have at least $8 million net worth in your 401k and Roth IRA just by making out your contributions annually from age 22 to 65. You must be retarded user. Stay poor faggot!

Estate tax, property tax, inheritance tax and similar shit are retarded socialist tax policies.

The only tax that should exist are VAT and maybe income tax.

Dividend tax is also retarded because you'd be taxing the same revenue twice (profit after tax goes to accumulated earnings in your books, you pay dividends, it gets taxed again).

Looks like she needs the bernout vote very badly.

>be a cool goy
>have a million dollars
>say that you are gonna give your son all of it before you ded
>ded
>your son loses 65% of that because of Hillary

N-not muh hotpockets!

>better that the money go to (((money mangers))) and drug dealing nigger scum than actually towards helping people

Oh you've paid it all back and now your economy is thriving? Well I'll just undermine your country and destabilize your currency until it's in the gutter so I can buy it all up.

I thought Cred Forums was against free breadsticks?

/thread

I'm okay with this. Oligarchies are shit.

>mfw the estate adjusts for inflation every year you fucking retard.

It's $5.45M right now for singles and $10.9M for married couples. And it goes up every year for inflation.

Funny how the min wage doesn't tho.

Really makes you think.

Trump is globalist scum and that's why you love him.

They don't take it, unless you don't pay the tax.

What the FUCK is she doing?

$1M would be tax free. You retards really are fucking nimrods.

More like

>be a good goy
>spend life building ranch
>land is worth 10 million now but you won't sell because it's your business
>you make 120k a year
>die
>Leave ranch to children
>they can't pay taxes without selling the land

Liberals really watch out for the little man kej

you double nigger, it effects farmers massively. But then again I shouldn't expect a snow nigger like you to know that since you moron brought Weedman to power.

Correction. If you have $6 million, the first $5.5million would be exempt from any taxes. The next $0.5 would be taxed at 65%. Oh no!

This is literally Venezuela, you should to go leftypol instead.

The only good thing about estate tax is that it prevents stupid talentless kids who happened to have rich parents from not having to do anything to succeed.

Other than that it's just another socialist cash grab.

That doesn't mean much when your family farm is worth 4 million to some skype developer.

>implying I'm not going to ferry it off to my loved ones and charities such that no one will ever be able to track it all down
LaughingRealChristians.jpg

Trump is going to BURY her in one of the debates with this.

WHY SAY THIS NOW!??!? Stupid bitch lol

can you even think of one reason why you wouldn't want to punish the ultra wealthy class you leaf faggot?

Does she think that's going to buy her voters? I don't understand the motivation behind this.

I wonder why a country like Panama, notable only for being a tax-haven and having a canal, would be so supportive of globalism?

>be a farmer
>die
>government asseses that your land was worth 4 million dollars despite having a middle class yearly income
>children have to pay the government 2.2 million dollars that nobody actually has
>forced to sell farm to MegaFarmCorp™ to pay tax man
>all private business fall apart in this manner
>corporate billionaires ride off into the sunset with all of the property and wealth

there are allowances for such situations...allowing you to pay the tax over a decade or so. Cant say i would be crying for anyone inheriting that sort of wealth

>implying any of these rich faggots are doing anything other than virtue signaling when they say they support a democrat

Kevin as PM for Canada

>the wealth gets redistributed to menial working government beurocrats and politicians.

Fixed

Fuck that, what if I die childless with a shitload of dough and want to spend all of it keeping migrants out. It was my fucking money.

my dads is.

>People who pay more save more
oy vey!

>it effects farmers massively.

AHAHA no it doesn't!

The muh farmers meme is what your owners programmed you to believe so that you don't touch the globalists wealth.

You filthy kiked retards disgust me.

Governments are fundamentally indistinguishable from mafias.

She's hoping on attracting the working poor/welfare crowd who wouldn't have an estate to inherit anyway.

So explain to me why we should be giving more money to the government? They do an absolutely shit job with what they have now.

Will only effect the very wealthy, so I dgaf

You're not your dad. Want to be rich? Do it yourself.

You can support a non profit at your death and that money would be deducted from your estate
Lrn2taxes Cred Forums

Is she having chest pains? Bitch looks like hell.

Estate tax is so fucking stupid. You go your entire life paying a near 50% taxrate, if not more with state taxes and whatnot combined into that if you earn six figures. Then, when you die the government takes another 50%+ of that wealth.

Maybe instead of taxing people when they die, fucking fix the broken corporate tax rate and raise taxes in general on the richest Americans instead.

>the government doesn't need taxes for revenue

Google what? Taxes are literally the one and only thing that keep the government functioning. I thought you limeys were supposed to be financially literate.

>inheriting that sort of wealth

Inheriting a farm isn't Inheriting wealth. If you're lucky you bring in 100k a year. Farming families don't sell their land, they farm it for generations.

Doubt you've ever been outside the city so I'm not surprised by your ignorance, just your arrogance kek.

Any other Republican candidate and you'd be right. With Trump's proposals you are exactly wrong

One of the many reasons a hostile takeover of the GOP was necessary

>government asseses that your land was worth 4 million dollars
Then you're not paying 65% :^)
>all private business fall apart in this manner
Hilariously unlikely. Farming is one of the few industries where there's a risk of anything like that happening.
>corporate billionaires ride off into the sunset with all of the property and wealth
Until they die, at which case bring forth the 65% and let someone else step up.

>being against socialism mean you're a globalist shill

of course this isn't going to affect the super-rich who will transfer their wealth to tax-free- offshore foundations...

This is it guys. The left is going all in. Fight for you God damn lives.

>tfw when living off the scraps of your grandparents' trust under gift tax and they promised it to you after death
>tfw when they're hillary supporters.

Fuck my life.

How about I fucking murder you instead?

How about that? cocksucker.

And then these retards complain about the debt and deficit...

Trump is the biggest globalist kike there is.

That's why you retards worship him.

5.5 aint that much

The government is kept functioning by it's ability (or the ability of it's subsidiaries like the Fed) to issue legal tender.
Taxation exists to destroy money and government spending exists to create it.

>Currency controls are socialism

They got us into this mess in the beginning and now they bring it to us again. Not sure why everyone falls for it. You can spot their smile a mile away.

>dad already pays over $200k in taxes

wtf i hate the guberments now
how am i supposed to get anything

The legal argument is that they are taxing the transfer of that net worth and not the assets themselves, much like the gift tax.

It is to unemployed liberals kek

the only thing wrong with this is that it isn't 100%, if your kids are such failures you can't trust them with your money while you are alive your estate should go to the government.

Why should the billionaires pay any taxes goyim?

It takes university economics education for most people to realize this? I figured that shit out when I was 17, fucking pre-Cred Forums.

>"Fuck farmers" t. Hillary Clinton

and actually, the British Virgin Islands are a bigger tax haven than Panama, it's funny how European countries give us shit for being a "tax haven" (we're not) while at the same time not reprehending their protectorates in the Caribbean.

There wouldn't be "tax havens" if Yurocucks didn't have retarded socialist tax policies in the first place.

>VAT above 15%
>income tax above 40%
>inheritance tax
>property tax
>more than half of your money gets taxed no matter what

>Charging people money just for dying and leaving what you have to your kids

Anyone who defends this loses all credibility and should kill themselves asap

Literally the top 0.1%. That's who Cred Forums fights for. You retards have been kiked good.

This is communism. This is a land grab by power hungry elite that want to seize the means of production. Holy fucking shit.

>forced to sell to pay taxes
Where the fuck do you think that money from the sale of the land would go? The govment would get their share after the very large exemption, but the inheritor would pocket the rest.

>thinks billionaires won't call their world class lawyers to find loopholes

You liberals are fucking clueless.

And the rich will never pay it.

Kek, go apply for some jobs online e Bernie.

Small businesses are regularly valued highly enough to get dinged by the estate tax in the U.S., which often forces heirs to sell the business out.

Hugely wealthy families have numerous ways of getting around estate taxes that aren't available to more modestly successful entrepreneurs, and this will always be true, because their wealth isn't tied to property.

>There wouldn't be "tax havens" if Yurocucks didn't have retarded socialist tax policies in the first place.
Ah yes, we could cut spending to the bone and all live like Panama, a country that doesn't even issue her own currency.

>You should be rewarded for your own hard work, intelligence, etc.
>Unless you happen to be born to a rich guy, lol.

>economics is a cult
Ok, explain to me how any kind of hefty tax on anything is a good idea... I mean, do you trust the government to spend your money more wisely than you will? Because they've proven themselves to be so good at it?

Do you really think adding additional complexities to a tax code that is already 78000 pages long is a good idea? Won't this estate tax be evaded by the richest people that this targets in the first place?

People that support government taxes as a solution to any problem severely lack any critical thinking ability.

She is trying (won't work) to bring back the Bernie voters she didn't bother to reach out to after stealing the nomination...

...at the expense of the billionaires who have financed 99% of her campaign

And i grew up next door to a family farm retard. All these multimillionaire family farmers makes me wonder why i went to college...

Yes good. You're right. Millionaires and billionaires shouldn't pay any taxes. Now vote Trump you useful idiot.

>Hugely wealthy families have numerous ways of getting around estate taxes that aren't available to more modestly successful entrepreneurs, and this will always be true, because their wealth isn't tied to property.
This is why their wealth should be shackled to the Dollar.

Maybe ((they)) would be less eager to support a war-hawk woman if they couldn't suddenly move all their currency to Euros, Pounds or Yen when it all kicks off.

It's for the best. That money will do him no good on the day of the rope.

Kek, so that makes it OK to force a family to sell their farm?

Most farmers don't do it to get rich faggot, they do it because their family has been doing it for generations. It's funny that you think you're the good guy while justifying the government stripping land from a farmer by saying they get a few bucks so it's ok.

God damn, you've never worked or met a farmer in your life, probably not many in your suburb kek

>The muh farmers meme is what your owners programm
You fucking faggot, I am a farmers son. I know exactly how this is going to effect me, because I'm already having to look at how I'm going to be dealing with all the taxation that comes with living in Commiefornia when my 74 year old father dies.
>You filthy kiked retards disgust me.
Stop trying to sound like a racist you socialist Leaf. I get that you are trying to use the language to make your idiocy sound appealing to people on this board, but it just comes across as sad and pathetic when we can see that red and white flag.

Basically no one pays the estate tax. Read IRC §2010. I'm a CPA.

>do you trust the government to spend your money more wisely than you will?
This isn't how government spending works.

The government is destroying your money when it takes it. It's controlling inflation. It doesn't need your money to spend more money (if it did, deficits wouldn't exist.)

The government decides what to spend in advance, then prints money and spends it, then collects taxes to remove enough money from the economy to control the rate of inflation. Obviously an excess deficit isn't a good thing, but it's not the same as "lol they're spending my money"

>dad worked himself out of nothing in Queens NY to become head of his own medical practice
>makes multi million $ a year
>he's going to have his legacy slashed into nearly a quarter by the kike banks

Fucking christ

But the government doesn't issue currency, the fed does. The fed is privately owned, not public, if anything the government is a subsidiary of the fed.

The creation of fiat currency has nothing to do with taxation or government spending, it is completely determined by the fed when and how much to print, along with interest rates.

>Jennifer Shilling
Oh come on.

And what's the fucking problem? This is America, not some socialists shithole, people have the right to leave what they want to their kids and not have the government fuck them in the ass for a handout. Like I said, anyone who defends Hillary is a fucking retard

>Will only effect the very wealthy
Nigger it effects farmers all across the fly over states
They own land worth millions only because they were left the land by their fathers and their forefathers. Its going to fuck them over badly, they're already getting fucked on taxes, this will destroying our farms and move them somewhere else.

Hope you taking a bite of an apple only to find its hollow inside and has a bag of heroin in it.

>dad dies
>pay his death tax bill for the next decade
Filthy dumb, Marxist scum.

Kek, they won't pay the taxes. Everytime you liberals pull this tax shit the rich always wiggle out of paying it and the little man (whites) foot the bill. Go find a job.

The problem is wealthy people will put their shit in trusts structured specifically to avoid this tax. Therefore it is only the poor who suffer and lose family homes etc. America is fast becoming an elitist joke.

You've been programmed well. Globalists own your mind. Better not raise any taxes on millionaires and billionaires you filthy goy!

You don't grow up next door to farm. Also, a pussy like you could never be a farmer so don't even entertain that idea lmfao

how can you save money you dont make my friend?

>Family works hard for their fortune
>When they die over fucking half goes to the government for no reason
>I DON'T CARE ABOUT PRIVILEGED RICH PEOPLE
I fucking love how you retards act like everyone with wealth never worked for it or had their family work for it

Shhh these retards think they're all gunna grow up to be multi millionaires and billionaires.

Don't burst their bubble.

Estate tax only affects small business owners.

Richfags don't pay any estate tax because they have smart accountants and lawyers who get around it.

How much estate tax will Soros pay when he dies? Watch it be some pitiful percentage of his net worth.

Why is Trump cutting taxes for billionaires and millionaires?

Because he's globalist scum. That's why.

>caring about your family is wrong
Edgy

Talking about the globalist agenda to cancel private property and inheritance, btw. "That's a conspiracy theory" my ass.

Like The Clinton Foundation, for example.

how much taxes does Trump pay?

hey shill, fuck off with that googly-moogly shill bullshit.we have your playbook. we know you exist. so fuck off

Theres probably a grand total of 5 family farms in the whole usa that this tax would force them to sell anything. $5.5 million exemption is fucking huge. And you can space out the paymebt over many many years in situations like this. Face it, you are grapsing at straws to argue to protect the very rich from taxes by talking about farmers, very few of whom would be affected by this

Why should a central america country with a population of 4M issue its own currency? We're doing great compared to the rest of the region because we don't have retarded socialist or keynesian policies.

>hehehe goyim you should have your own currency
>hehehe goyim, running out of money? print some more hehehe

Also, you're not even attacking my argument, you just replied with a tu quoqe.

Yurocucks are hypocritical wankers, you turn a blind eye on supposed "corruption" when you're doing it, but when someone else does it you start crying like a little faggot bitch.

You assume we are looking out for ourselves cause that's all little shits like you know.

We are looking out for the working families this will fuck over when the billionaires and other boogie man laugh in your faces while not paying you tax kek. The billionaires are smarter than you liberals, you've never beaten them and you never will. All you do is hurt working Americans.

Well, yeah, I mean I knew this when I was 17 as well. My point is that
>Unless you happen to be born to a rich guy, lol.
>RICH PEOPLE REEE WHY ARE THERE RICH PEOPLE RRRREEEEEEEEEEEEEE EVERYONE SHOULD BE EQUALLY POOR!!!

Probably next to nothing, same as Clinton.

And if I earned that money to take care of my kids, then what? The government has a right to say, "Fuck your kids?"

How about you go fuck yourself, buddy?

And you assholes wonder why men are checking out. At every turn shit like this fucks over who we are. And you lap it right the fuck up, you liberal piece of shit.

That's a scenario I hadn't thought of, you've got a point there.

This is literally a tax for very rich people that DIDNT earn that money

>We are looking out for the working families

How many working families have a $10M estate?

It's literally the top 0.1%.

You're just the globalists' useful idiots. Nothing more.

Your first statement is wrong and the rest of your post is just assumptions about me that aren't even true.

Get an education m8

Considering inflation will skyrocket once the velocity of money picks up in a few years most of us will be hit by this by the time we die. Even if your a 4chin loser making avg income.

The left have been demanding this for years.

They don't like that some people inherit what their hard working ancestors earned. Meanwhile non-whites with shitty parents who never do anything think they are entitled to YOUR parents earnings.

Fuck them. Id burn inheritance to the ground rather then share it with our "replacements"

Clinton released her taxes. She pays in the 40% range.

Trump pays nothing because he hates America.

I prepare corporate tax returns for a living and have a master's degree in tax. AMA.

gr8 source CTR leaf nigger

Read his website tax plan

The fed and the government are closely intertwined. Their privately owned status comes primarily from the fact they need to be semi-independent of government in their policymaking.

>people have the right to leave what they want to their kids
Fine, but don't pretend everyone worked hard to get what they have then.
>anyone who defends Hillary is a fucking retard
Well, I'm not going to disagree. Hillary is the last person on earth (except maybe Tony Blair) who should be president of the USA, but inheritance tax isn't inherently wrong.

If you don't have your own currency you aren't a real country. Hell, you're barely independent - you're shacked to the monetary policy of another state.

There's a reason everyone laughed when Scotland said it was going to use the pound panama-style.

Rich people should be rich because they earned it, not because they inherited it. Alternatively it should be accepted that not all rich people put in great amounts of effort to obtain their wealth and that plenty of poor people put in a lot of time, effort and thought but ended up getting fucked.

Precisely the group that right wing retards have been programmed to obey.

Why are libtards voting against their interests?

...

>get an education mate
Chemistry phd actually

>And you assholes wonder why men are checking out
Ah yes, /r9k/ exists because they couldn't pass on that $5,000,001 without the tax man interfering.

Yeah, the fact that hes naming the skypes wrong shows his newbie status.
I hope your dad lives a long time, user. And i hope Hillary gets her shit pushed in for this.

yep nailed it. The family farm meme is how the millionaires and billionaires have programmed right wing retards not to touch their wealth.

Very effective. These nimrods will believe anything and do as they're told.

>lets import foreigners and give them everything we worked hard for
what a delightfully cucked idea

This

Read

see

And what's really funny is you have the gall to say, "You didn't earn that money!" while taking the money YOU DIDN'T FUCKING EARN.

There is literally no reason to need more than $50,000 a year. You can live a happy life on this amount. Anything more is degenerate.

My family has a 25 million estate, over 500 acres of prime land that has been in my family. Almost every dollar we make goes into the farm and paying workers.

It isn't rare and it doesn't matter how much a farm is worth. Farmers don't sell their land unless they are forced to. I'll never be an actual millionaire even though I own a multi million dollar property.

Doesn't matter, Clinton just lost even more working votes kek.

Rev up that asset restructuring.

Hello Xi Jinping. I entirely agree: An inheretence tax is not the Confucian way and would bring great dishonour upon all of our families.

right on farmerbro

>Fine, but don't pretend everyone worked hard to get what they have then

Prove they didn't? And more importantly wtf does that matter to you or anyone else? It's not your business what others do here, we have this thing in America called "freedom". If someone wants to be a rich faggot then they have the right to do so. Criticizing them so harshly just proves you're a commie faggot

I won't bash on you for that, good job.

Still disagree with you though

>>You should be rewarded for your own hard work, intelligence, etc.
>>Unless you happen to be born to a rich guy, lol
Typical retarded leftist argument. You are just saying inheritances should not exist and people should not work so hard in order to make the lives of their children better>meanwhile the billionaire just have to hire tax advisors to look for loopholes and tax havens
The wealthiest will end up unaffected while the middle class will be fucked. It happens every single time with the socialist laws

>They didn't earn that money!
>Well, let's take it!
>But... we didn't earn it either...?
>Well, let's give it to OTHER people that didn't earn it!

Hmm.

And you call US globalists.

$50,000 USD is shit. I don't even think you can live on your on with that. I'm making $50K now and am living with my parents until I break $75.

Im voting Trump because to me the most important issue in this election is the Supreme Court. Preventing her from loading the bench with leftist liberal judges scares the hell out me .

You earned that money to give it to someone else.
You can only give them enough that they could live comfortably off interest for the rest of their life. What a tragedy!

>while taking the money YOU DIDN'T FUCKING EARN.
I'm not taking anything. The government is taking it because nobody earned it, and they're essentially burning it.

>My family has a 25 million estate

Good. Pay your taxes dipshit.

You get a $10M exemption. The rest you pay tax fucktard. Be thankful.

>If you don't have your own currency you aren't a real country
With your logic, all those nigger african countries with hyperinflation are "real countries". The same could be said about the whole European union.

>There's a reason everyone laughed when Scotland said it was going to use the pound panama-style
It's working for Panama, as long as you're a socialist cuck everything will work.

>200k

my family is in the top 1%?

I might as well kill myself then, still unhappy now.

It will be when the upper class moves away.

sure, raise the wages! that always works, doesn't it? yeah right, bastard.Why the fuck would a low-skill, burger-flipping fool be entitled to, lets say,$ 15.00 an hour, when there is literally no skill involved in such a thing? That removes incentive to teach oneself the skill they would need to find a real career, and raising wages would hurt our economy, less jobs and more taxes would result. The conservative approach to economics is best, not perfect, but it works. Also you seem like somebody who practices the economics of envy.

You retards are just useful idiots. Nothing more.

But I will probably have that, home prices will rise with inflation. Standard white collar people can easily reach 1-2 million after investing since they enter the workforce. It's not ridiculous to say office workers like me can reach 20 mil net worth before we die.

There are more than five family farms within twenty-five miles my house worth more than $5 mil. That's just in one shithole city in Ohio.

Property values fucking skyrocketed when Jewmart moved in. Hell, one of the farms sold off just a few acres that got cut off by a road for the development for over $2 mil.

Just the commercial real-estate for a single fucking business can easily blow past $5 mil.

>But the Government will let the kids keep 35% of their own money after they're forced to sell everything to pay the taxes! Why so mad, goy?

You will be back in the ovens soon, kike.

i'm a Bernout, and it sounds like Hillary is adopting Bernie Sander's policies. I'm all for it!!!

>They're essentially burning it.
I find it hilarious you don't trust rich people, who in almost all cases earned what they have, but you literally trust a woman with a known connection to corruption.

>We're fucking stealing $10,000,000. Be grateful.

Fucking leafs.

>If I keep using a jingoism I'll be right!

There are plenty of ways to live off 50,000 a year on your own. You can even raise a family on that amount. You must be wasting most of your money.

There are plenty of useful websites that can help you develop a budget for these things too user.

>Liquidate assets
>Convert to bitcoin
>Untraceable inheritance
Ezpz

globalists don't deal with American estate tax. There will be ways for them to get around it. This looks great for her to retarded whrightingers that don't realize this will mean more monopolizing and fewer $ in the long term.

>there are people, in this thread, that want more government intervention in their lives

You sheltered first-world cucks have no idea. Do you want to turn into a shithole like almost all of South America?

This is the 'first bite.'

The whole point is to get Americans used to marxist style wealth confiscation.

In another generation or two no one will flinch at the complete confiscation of all wealth and how inheritance and willing property will become illegal.

>muh only really really rich people
Top of the slope, frendo.

>people actually think hillary would go after the mega rich

Lol cut the billionaires taxes but hard working Americans don't deserve more than $7.25 an hour.

I really see how much Cred Forums worships the Jew.

>cash in bitcoin and start spending it
>get raped by fed audits

This

Also, buy gold

If they take 65% from the likes of (((Soros))) and the (((Rothschild))) and (((Rockefeller))) families most of our (((problems))) would be gone

But no the real (((elites))) will be left alone. It will be the people who started with nothing who "only" (compared to (((them))) ) have about a few million to about a billion.

If we rid the world of the (((elites))) and used their wealth to achieve things like high technology and genetic engineering (master race anyone?) we would not need an inheritance tax because everybody would be living well.

Once again. National Socialism and Hitler were right...

That money was what was left over from INCOME THAT WAS ALREADY TAXED... Estate tax is double or even triple taxation... (corporations get taxed... pay rest in dividends to share holders... Shareholder's income get taxed... Shareholders die and get taxed again....) Fucking socialists want it all...

I'm 22, got a full-time offer for $55,000. There's no way I could live on my own. Rent is insanely high. Anything decent is about $2,000 a month. There's no way in hell I'm paying $24,000 a year for housing. I'll just live with my parents indefinitely.

Actually this is, like, bite 40. 32 was Obamacare. We already have estate taxes. They just want to push it even higher.

Whoa dude percentages are a thing! The profundity of this revelation rivals that of Newton's calculus!

>Via 9gag.com

It's called inflation, faggot. Once the velocity of money picks up we all be pushing $1.5M-$2M estates in 10-20years.

Btw how is that Canadian economy doing? You guys did so well during the 08' shit show -- no way Canada is in a recession now. Amiright? Oh wait you guys are struggling like hell. No wonder all your major cities are located along our borders. Good luck Faggot. No one wants your bonds or investment any money in Canada. Btw enjoy that Vancouver real estate bubble. I'm in finance. The boys have here have a nice surprise for you fuckers. Collaterized debt swaps are the shit $$$! So yeah... Your oil is shit and now your real estate values are collapsing. You know what the means... CREDIT FREEZE!! When ur assets are worth less it means the less credit you can take against it.

With that said, before you call anyone a cuck take a good look in the mirror and be honest with yourself. But hey on the bright side it's the current year and at least you're not bigot. Amiright?

Good luck, faggot.

look, friend, the govment needs money to operate. Its got to come from somewhere. This is literally the lowest hanging fruit out there imo. Its a tax for people that are very rich and didn't earn the money being taxed. How is this worse than having middle class folks foot the bill?

>muh rich people are always power hungry oligarchs meme

b-but muh wall...

>Prove they didn't?
They got the money by virtue of the fact their parents had it. They may have worked hard for other money, but money inherited is by nature money being handed over.

>we have this thing in America called "freedom"
I thought you also had some kind of "American Dream", but apparently you're just like Europe, a nation of dynastic families holding all real power.

>You are just saying inheritances should not exist and people should not work so hard in order to make the lives of their children better
I'm saying that if we're going to pretend we live in a meritocracy then you shouldn't be able to inherit multimillionaire status. if you freely admit that the USA isn't remotely meritocratic, go ahead and don't institute such a tax.
>The wealthiest will end up unaffected while the middle class will be fucked. It happens every single time with the socialist laws
This is why free movement of currency was a mistake. You're not going to find a loophole of much practical utility with that taken away.

>Well, let's give it to OTHER people that didn't earn it!
That's not how it works. It's closer to burning it.
I don't trust Hillary at all. I trust the general concept.

>Who in almost all cases have earned what they have
Then who cares about inheritance tax? Those who would've inherited money before will just earn money now.

You worship globalist scum like Trump that floods the country with foreign workers and wants to blow up the debt and deficit to cut taxes for millionaires and billionaires.

>the Clinton Foundation will be exempt from the tax since its a non-profit

One of a few good proposals you retard. Doesn't the country enable one to achieve something in ones life? It's like you want to give up on millenial votes (assuming you are a MAGA guy, like myself).

Did you guys read about this story? She's been putting her real-estate in a trust to avoid the tax

>With your logic, all those nigger african countries with hyperinflation are "real countries".
That's called "confusion of the inverse" which translates to "you're an idiot"

this disproportionately affects Jews more than anything

>and supposedly this guy survived the 'Caust

I wish Hitler was actually killing thousands of these fuckers back in the day

>mfw theres an alternate universe where soros is just a nameless pile of ashes

>Trump.
>Wants a wall.
>Globalist.

>Meanwhile Hillary is literally a globalist.

Uh huh. The only way to stop globalism is to stop them from fucking over white men from protecting their children. Because if you think Hillary is going after the Jews you're a retard.

They have a deficit because they spend their money poorly. Tell me more about how Obama was responsible for creating jobs, Leaf.

If the property is that valuable, why the fuck are you farming it and not selling it?

Oh god it's the hysterical Canadian.

Everyone needs to be aware that you used to make MGTOW threads and post literal word salad about alimony, riding a dirtbike and fucking a flashlight.

This guy is legitimately insane. The true definition of leftist livestock.

14. Do not argue with a troll — it means that they win.

Trump wants to make it so that hiring Americans is not business suicide. This should not be hard even for a leaf to understand.

It would include everything: house, 401k, cars, savings and all other assets. Not that haRd of a number to reach if you are successful. It's a middle-middle upper class white people tax.

This fucking guy.

It's just estates above $500mil.
Fuck the Zuckerbergs et al. But of course they will find a way out of it, and so it'll simply become another tool to threaten richfags that don't join (((the club))).

The average farm is 450 acres, and the average value of farmland per acre in states with sizeable farming population is 5k per acre.
That's 2.25 million.
Add the value of actual equipment, homes, etc and it means the typical farm will have to pay that 65%.
So that's a pretty sizeable amount.
Do they sell the farms? No, they just take losses for a year or two.
Which is silly because if they're taking losses, the gov isn't taking tax money. They're just being unnecessarily impatient and putting people into bad situations.

The guy is a fat neckbeard sitting in his mothers basement imagining that his family estate is worth $25M when it's not even 25k.

Glad my mom put the house in my name ayyyyyyyyyyyyyyyyyyyyyyyyy

As a NEET who will inherit 7 houses and will live off from the rent, this is very bad news. I hope Hillary is lying here to appease the wagecuck voting base.

My father and mother did not worked with bloods and tears and sweat for me to become a wagecuck

True enough. Thankfully there's pushback every year against estate and gift taxes.

Left wing retards equate lowered taxes to lowered tax revenue. As expected of the people who managed to turn Russia, a country now with some of the highest exports of grain in the world into a country where millions are starving cause they didn't make it to the one bread line that has actual food before the rest of their nation.

Trump fucked up.... Cruz endorsing him is the end of his campaign.

people with real money will never be affected by this. this is little more than propaganda for the googles. filthy rich people pay filthy rich lawyers to protect their assets in trusts. 65% won't affect them one damn bit, because they have already prepared against just this.

the rich write the laws, and the laws favor the rich.

she's pandering to googles.

Rich people get around the estate tax. Only idiots that dot prepare have their wealth taxed.

Trusts are the standard way. They can't tax, what the dead don't own.

Then you can do like the Clintons. Set up a charity and other you kids on it. So they can collect huge salaries and use charity funds for "working vacations".

estate tax is inflation adjusted you fucking retard.

Keep sucking globalist cock, fretting about a tax that literally the fucking top 0.1% pay.

Wow, way to remove any remaining incentive to work hard from this country.

Seriously though. At what point do we just collectively say no?

>parents die
>inherit 25 million dollar farm
>has to sell the farm to pay 65% of 19,5 million
>Can't never fetch a good price because they know you need to sell it
>Ends up selling it for 15 millions
>part of these 15 millions are taxed
>the rest goes to pay the death tax
>no farm, no money and indebted
Yeah, fuck you, you socialist scum, stop being jealous of others and get a job

>It's called inflation, faggot
It's called index linking, and it's what you do to such a tax to ensure this doesn't become a problem.

I believe the UK already does it with the minimum wage.

so what is to stop me from just signing over my assets to my kids on my death bed?

>meanwhile the (((international elite familes))) like Rothschilds get to keep their 250 billion and use it to fuck up the world for everyone

if you (only) have 25mil you probably earned most of it yourself and probably have zero influence

Feels revolutionary, man.

they don't pay it at all, you fucktard.

>crying about how much money those greedy big shots have.
>$7.25 is not enough for my shitty low skill job, and because I have no skills to peruse a better career, I'll just scream that my shit job is actually worth more!
you sound like a pinko Marxist. Have balls and be resourceful. Work as many jobs as you need to succeed. If the will is there, you can do a lot. you, however, are a lazy commie bastard who is envious of Daddy Warbucks and his big, soldgold dick.

You are legit insane. Please livestream your suicide when Hillary loses.

>And if I earned that money to take care of my kids, then what?
I'm sure your kids will be fine with 35 million instead of 100.

If there's no skill involved then why does every nearly every restaurant near me require two years experience

yeah but if the currency continues on its current trajectory 20 million by the time we die will be worth like 500,000 in todays dollar

Gift tax

Asset values grow faster than inflation, faggot. Source: 5,000 years of economic data

I'm sure the government shouldn't even have a say about how much I can use for it, either.

We /venezuela/ now

...

Makes me think about speaking to my Jewish accountant about off-shore trust accounts

Amen

I think farms are exempted.

Though most family farms are actually owned by a private corporation. So the farm is never inherited. The son just takes over when dad retires.

Statements like this are just stupid. It's their money, it's their children, it's their business what they want to do with it. Piss on the gov't.

>and indebted
This wouldn't happen.

If it would only sell for $15mn, you'd be taxed on $15mn

65=100
You suck at math bro.
Quit exaggerating bitch!
Also, only applies to filthy rich estates. Everything under a few million will end up being exempt.

asset values grow faster than inflation. Source: 5,000 years of economic data

He's completely fucking unhinged. He used to post MGTOW threads and brag about fucking a fleshlight. His posting style suggests that he's an SA goon.

I might just end up voting for her with this, yeah crazy i know it, was gonna vote trump since yesterday, but we need something massive like this to fix it. Look man im a berner, who would have voted for Trump, but I like this. But you better fucking do it!

Fix this shit for good.

It should have been obvious that I don't have millions of dollars, I am here after all.

Yet. Recently the IRS tried to tax people for the actions of their parents. So...

Does anyone else here study tax? I'm taking corporate tax, M&A, international, and state and local tax right now.

kys

There has to be a solution to the leaf problem

We had relatively quick fixes for yellowbox and other site-wide issues that interfered with regular posting, surely they're working on a fix to remove all leaf posters

>Right wing retards think they;re going to have an estate worth more than $5.5M...
I have two pieces of John Deere equipment that are valued at 1.9m alone.

Fix what?

>wah I don't have millions of dollars so nobody else should either!

the only good commie is a dead commie.

dunno about the USA, but something that'd pop our asset price bubble in the UK would be a godsend.

Your founders deliberately put an estate tax in, and discussed their reasoning in length.

Try making a few simple eye movements in front of something besides a mongolian flipbook enthusiast site once in awhile, you lazy pieces of shit.

Faggot

>Left wing retards equate lowered taxes to lowered tax revenue.

Yeah cause that's what happens you fucktard.

If lowering taxes for the rich increases revenues, then just make it 0%.

You retards really do believe in trickle down.

Estate is not income you fucking idiot.
My wife and i have a 200k estate and we're just lower middle class.
If we made double what we do now in ten years time, we could have a 500k estate and STILL not even be upper class.
Estate is the total value of all the property you own, plus all your savings.

>If you make more money a blanket tax cut will benefit you more
Wow colour me suprised you faggot fucking leaf

Can you name a single source for this that isn't from a liberal or (((other type of person)))?

lol, what the fuck are you talking about?

Brexit helped. Carney is shitting the bed over it. Your PMs eat everything he serves. The Bank of England is full of incompetent half wits.

LMAO ALL THE HARDWORKING WHITES THAT SAVED MONEY FOR THEIR CHILDREN WILL HAVE THEIR MONEY GO TO TYRONE AND JOSE'S KIDS LMAO

THE WORLD IS SO CRUEL

>Paying for the current government
>Good

Fucking leafs

Now show it by percentage of taxes paid.

I'll wait.

>YOU DON'T HAVE A RIGHT TO GIVE YOUR MONEY TO YOUR KIDS WHEN YOU DIE
Jesus Christ how fucking bitter do you have to be you socialist cunt? The parents EARNED the money, and they have the right to decide where 100% of it goes when they die

Here's what your graph actually says if you know how to interpret data instead of being a mongoloid and thinking "tall graph = bad".

>if you're a billionaire/multi millionaire you'll save millions in taxes
>if you're a thousandaire you'll save thousands in taxes

seems like incentive to just be a drug addict piece of shit for the rest of my life.
well played jews

I'm Obama Leaf you right wing retard.

I never posted any Cred Forums Men Gay Their Own Way bullshit. That's your department.

here comes obama leafs graphs

You can only gift $14k per year tax free.

Rich people begin gifting the max to their kids every year the second they are born.

They also set up trusts to avoid the inheritance tax.

If you own a farm, you incorporate.

Honestly, the only people that this legislation affects are accountants and lawyers. Nobody pays the death tax

t. semi richfag. $1.4mm in assets at age 25

They use the appraisal value, not the value you manage to sell it for. Even if the market says your land is worth 25 millions, you would most likely never find someone who would be willing to pay you that in such a short amount of time. This means you would have to sell it at a lower price, but the government doesn't care about that since you inherited something worth 25 millions, so you have to pay the death tax for that amount. Trust me, we have this shit here and all it does is killing the local farms and the middle class

>Left wing retards equate lowered taxes to lowered tax revenue
Let's all laugh at the laffer curve:

>At 100% taxation, nobody would work because everything gets taken = no revenue
>At 0% taxation, nobody pays any taxes = no revenue
>Therefore the ideal point is somewhere in-between the two, not necessarily 50% and possibly with more than one peak
>Therefore cut taxes and revenue will go up

Why is Trump cutting taxes for millionaires and billionaires?

Because he's globalist scum and you worship him for it.

Protip:
No one who isn't retarded pays the estate tax.

If you put your assets in a trust, then avoid probate and estate tax.

Only retards pay the estate tax, its loophole 101.
>financial services ftw

Us American constantly have to school you idiots in economics.

Why the fuck is Trump cutting taxes for millionaires and billionaires?

Oh that's right because he's globalist scum and you worship him for it.

>Trust me, we have this shit here
Yeah but you're all shifty dagos.

Worst case scenario, just hand the government the land.

Tell me about how Obama, specifically, was responsible for creating jobs. I'll wait.

>if lowering taxes for everyone increases revenue then make it zero percent

If raising taxes increases revenues then make it 100%.

The fact you think I was even talking about trickle down shows how retarded you are. You have already been BTFO 100 times with your dumbass jobs graph because every single time someone asks how many of those jobs are burger flipper tier and you shit yourself.

>the 2008 recession was caused and fixed by lowering and raising taxes

How fucking delusional can you get?

Trump doesn't own those Hotels, they simply use his brand-name. That's how most of his stuff works. Stupid leaf.

You realize that the entire purpose of the estate tax is to push people to not go into small business unless they're young, since they wont have the reserves built up to pay for the estate tax if they're older.
It's a way to ensure monopolies happen.
This is basically pro big business, since they're all owned by shareholders anyways.

The problem is so old..

You can't tax the really rich because they'll simply move their money, so you'll tax the "kind of rich" and that ruins businesses. Almost every business is a "millionaire" in the eye of the law.

I'm speaking for Germany since I don't know US estate tax law but we have the exact same discussion here and it makes it so that no one wants to start a business anymore and if we didn't have the big century-old powerhouses, our economy would be complete shit.

I'm all for taxing the 0.1% but you're gonna be about as successful as your attempts at taxing Apple.

>yfw those jobs are all underemployment, turnover, "social media strategists", quota-filling illiterates and CTR shills

Laffer Curve literally made up on a cocktail napkin to convince right wing retards to go for big tax cuts on the rich.

>Therefore cut taxes and revenue will go up

Right wing retards actually believe this. Holy shit you fuckers are lost.

Just read the Code, you idiots. It's not difficult.

Except as otherwise provided in this section, the basis of property in the hands of a person acquiring the property from a decedent or to whom the property passed from a decedent shall, if not sold, exchanged, or otherwise disposed of before the decedent's death by such person, be—

1014(a)(1)

the fair market value of the property at the date of the decedent's death,

1014(a)(2)

in the case of an election under section 2032, its value at the applicable valuation date prescribed by such section,

1014(a)(3)

in the case of an election under section 2032A, its value determined under such section, or

1014(a)(4)

to the extent of the applicability of the exclusion described in section 2031(c), the basis in the hands of the decedent.

US economy did far better when the top marginal rate was 90% actually. Isn't that the golden age you retards always want go back to?

false.

There are 100 ways that the law is written to cause monopolies, but this is not one of them.

hahahahaha wtf am i reading.

I see this on two levels, on the one hand it's just thievery by the government who will waste the additional funds anyways.

On the other hand; money is power. Passing power down to your children, when 'you' refers to billionaires is basically just brings us even closer to an aristocracy.

I don't think it should be taxed, but there should be a cap on what you can give to your children. You should have to allocate the remainder of your estate to causes of your choosing in your will. I think that some assets like land or structures should be exempt so long as it was not purchased specifically for the purpose of 'laundering' wealth to your descendants. This exemption is important because of farmers and the like.

kek

>Trying to renew nationalist sympathies
>Endorses Protectionism
>Securing borders
>Incentivizing multimillion dollar companies to invest in the US through lowering taxes
>Gloablist

Job openings at all time highs.

Right wing retard Trump voters still can't get jobs.

Just face it. These retards will always be unemployed no matter how good the economy is.

There is no middle class 51% of households makes less than 30k per year

I mean, it is theoretically possible that if you cut taxes revenue will go up (such as the hypothetical 100% tax)

But everyone likes to ignore that the curve (in itself a meme) sometimes implies for maximum revenue one should increase taxes. It's always used to say "Sometimes cutting taxes means more revenue, therefore it always means more revenue and we should do it NOWw."
I mean, I'd want to go back to the Breton-Woods era.

Money =/= Aristocracy. And taxes just move the money into the hands of those with the power to arrest you, or worse.

Hires foreigners because he hates Americans, pays nothing in tax, scams Americans out of their money and is owned by Putin.

jesus fuck when is this creepy old fuck going to die?

He looks like a creepy jewish zombie

Everything about that face is just creepiness

canada is in a recession. Faggot.
To put in perspective: Venezuela, Nigeria, Canada. Top 3 large economies contracting

I'm thinking of going to America for dem sweet gibsmedats. Go Hillary!

hes far less globalist than hillary "pants of shit" clinton

>is owned by Putin
I had some semblance of respect for your positions, don't out yourself as a lunatic if you want to have an economic discussion

Tbqh senpai it doesnt really affect anybody except the ultra rich.

You spergs need to realize that our tax system is progressive. Just because you hit the 5.4 million estate tax phase in it doesnt mean your entire estate is taxed at that rate. Only the portion that exceeds 5.4 is.

Nobody posting here will ever have that much. Im a public accountant my clients are generally well off and 95% of them dont have to worry about it.

Several of the founding fathers were against even allowing citizenry to pass down assets as it allows the gross accumulation of capital thus enabling the subversion of democratic ideals.

That said lets MAGA faggots. The border is what matters.

She's raising their taxes.

Trump is slashing their taxes.

Trump is globalist scum that loves Israel and you worship him for it.

You need to be citizen for free shit

Do you live in a fucking trailer park? Any family that owns property in a major city could be leaving their kids with million dollar estates.

My grandfather's house and plot in Boston, which he bought in the 50's, is now worth $4 million, and that's only going to go way up in value over the next decade. My dad bought his house in Boston in 1994 for $106k and now it's worth $700k, and will only continue to go up in value. My family is blue collar as fuck, so anyone saying the estate tax will only effect rich people must have an absolute dogshit-tier family.

Hillary continues to sink herself heading into this debate. Do you think all of these casually liberal suburban soccer mom Hillary voters want their kids' inheritance to be taxed at 65% to pay for Quandell's subsidized apartment downtown?

lol not if you're in nyc or similarly major cities, esp if you have student debt,

you can live with roommates and whatnot, but you'll be budgeting hard. which is fine but why do that when you can save for a bit home. the male slay game only really begins post 25 yr old in major cities

pls stop telling me about my country

>implying I don't own my own business
You've been disproven both anecdotally and factually thread after thread. Tell me again how Obama, specifically, was responsible for job creation?

(If a statement is fallacious, the problem is normally is normally in the postulate)

Obama-Leaf is either a dedicated troll or a seasoned shill. If you get a thread he won't answer, stick to it.

He's Putin's plant to bring down America.

These right wing retards are so fucking useless, they actually believe that Russia just wants what's best for them.

Come here and bring that carne asada, our gibsmedats are better. No entry if you're blonde though.

>My grandfather's house and plot in Boston, which he bought in the 50's, is now worth $4 million

So it would be exempt from this tax.

You retards really have no fucking clue do you.

Yes. I'm sure all of billionaires on Cred Forums are worried.

Little of column A, little of column B

>Leaf hasn't into business

There's good investments, and bad investments. When the governments of other nations have easily exploited workers while your own government aggreively sets up an economic system in favor of other people's markets, you invest in other government for you're a an idiot. That's called competition. Get the picture?

How many of those job openings are full time and how many of them are burger flipper pocket change? I ask you this every thread and you always deflect or post irrelevant graphs because you know that you've been BTFO, in fact you've been consistently BTFO in every thread I've seen you appear in. Left wing retards like you who got duped into thinking that the government can magic more money into existence without raising the cost of living are the reason why everything in Australia is so fucking expensive. I also love how you're ostensibly "against" outsourcing and imported labor when it's convenient for you.

Not blond, but my surname is German. Can I still enter? I ain't working for shieet.

Money is power in modern society, having enough money gives one near absolute power. If you allow the power to accumulate in the hands of a few chosen elites you effectively have an aristocracy. Of course not completely because our aristocrats haven't ever heard of noblesse oblige.

No one bats an eye when talking about the Rothschild's and their ridiculous wealth and influence, but talk about doing something to stop it and HOLY SHIT

Million dollar estates don't mean jack shit idiot. Pay taxes or if you can't afford it get some 4/2 2k sqft shit for 350k

Hmmmmmmm I wonder how much estate tax George Soros is gonna get............. :thinking:

>that pic
>this totally happened guys, I swear!

more money for mexicans and niggers

So what government does Cred Forums like then?

>Any family that owns property in a major city could be leaving their kids with million dollar estates.
I'm willing to bet there's an exemption for a singular household of residence.

Only the top 0.2% of estates in the USA fall into the tax regime.

It's more complicated than that...
imagine a family owns a small business that is worth about $10 million... children work in business too... parents die... now children are continuing the business they helped run for 40 years, but officially it belonged to the parents... IRS demands $3 million in estate tax. How can the kids afford to pay that without selling the business? why should they stop running a successful ongoing business just because big brother wants a cut?