Question:
Why would a liberal say this?
~~Birdy~~
2010-08-20 17:04:20 UTC
I noticed on a question regarding inheritance/death tax, whatever you want to call it and I noticed a few people saying essentially that, "no one deserves their inheritance because they didn't earn it so it should be further taxed"

I just don't understand that attitude unless someone is bitter because they have nothing to inherit.

My great-grandparents, from poor families and not higher than a 4th grade education, owned and managed hotels, which allowed them to be able to invest in other properties. They were quite wealthy and before inheritance was taxed, their children and grandchildren rightfully received their share. What's wrong with that?

When you give your child allowance, you don't make them pay tax on it. When you pay for your college kid's (18 or older) apartment rent, you are giving them money to pay the rent, which is not taxed. You can give each of your kids up to $10,000/yr tax free. This all seems fair.

BTW: Most people with money DO give their kids money over the years, sign property over to them, etc. It has helped people start new businesses.

I just don't understand what the difference is. Maybe I just noticed an answer from some extreme individual and not common liberal opinion.
Eighteen answers:
Dennis P
2010-08-20 17:15:10 UTC
Libs love taxes..... They want to tax inheritance, which was already taxed when earned, but heaven forbid taxing welfare ... Welfare is money given(not earned) to a person, why shouldn't it be taxed as income? If i earn it , then pay the taxes on it and die, it's none of the govts business who i give it to.
Bflowing
2010-08-20 17:10:26 UTC
That would be from an extreme individual.

By the way, gifts of property don't escape taxation. The property has the same basis as in the hands of the giftee. Thus, if sold, income tax would then be paid on the correct amount.
lokey
2016-11-16 08:17:22 UTC
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anonymous
2010-08-20 17:18:10 UTC
Liberals are all about bitterness, getting even, class envy and class warfare. Liberals believe that they have more right than you do to your inheritance and they drool over the thought of getting all that accumulated wealth to spend on social welfare programs to buy the votes of the welfare recipients for liberal politicians.
Lib Nemesis
2010-08-20 17:08:12 UTC
I thought there was no inheritance tax on anything under $1 million
Isa
2010-08-20 17:07:41 UTC
You honestly don't understand what makes people find the idea of being born into wealth or born into poverty unfair?



It's money you didn't earn, plain and simple. Same reason lottery and other chance-based "earnings" are so highly taxed: you're getting an unearned windfall in the first place, a giant chunk of change that you did nothing useful for your society in order to receive, so it makes more sense to put an emphasis of taxation there than on, say, some minimum-wage worker's 80-hour paycheck that they're using to barely support their family.





It IS, incidentally, an accepted fact of life that wealthy parents are going to indulge their children - just as it's an accepted fact of life that some people are going to gamble or play the lottery and randomly strike it rich. But in recognition that these are among the most undeserved, unproductive ways of acquiring wealth that exist, we expect that some of them will be forwarded to help pay for the necessities of the society that they live in.
City of the blind
2010-08-20 17:07:56 UTC
You shouldn't be force to give up half your inheritance because government needs money. You should not have to give up your home, past, and where you came from just because government is incompetent.
Foghorn
2010-08-20 17:08:16 UTC
Don't kid yourself, liberals are some of the wealthiest people out there. The difference is that many don't pay their regular taxes and have loopholes to avoid this situation themselves.
Bolide ⌡shinning bacon of hope...⌠
2010-08-20 17:08:16 UTC
I don't know what nation your forebears ran their hotels in, but America has always had inheritance tax.

Jefferson actually went further and wanted an almost total confiscation of inherited wealth so that everybody had to rise according to their own ability.
Alistair
2010-08-20 17:07:28 UTC
Death tax. Now that's a tricky one regardless of political viewpoint. I think there should be a tax on inheritance but only when that inheritance is greater than $500,000.
anonymous
2010-08-20 17:08:19 UTC
When we recieve money it is treated as tax. That's life. If you earn it it gets taxed. Why wouldn't it if it were inherited?
?
2010-08-20 17:07:12 UTC
We are poor working class and we help each other out with money. So only liberals would come up with that baloney.
CrazyDave ®
2010-08-20 17:12:33 UTC
You are right, it's plain jealousy...Their parents were probably Liberals and lived beyond their means like they pretty much all do, leaving only debt behind...
anonymous
2010-08-20 17:07:50 UTC
Ok I call BS. It should be easy to show us that question. IF it is true then that is messed up. Notice the BIG IF.
anonymous
2010-08-20 17:10:45 UTC
Did your lawyer tell you that he's a liberal??



Here's a bomb - lawyers are liars.
Uncle Buck
2010-08-20 17:10:08 UTC
It's all about control. Control.
anonymous
2010-08-20 17:06:37 UTC
Whaaaaat? I want my parents' money, and every cent of it! How else am I going to buy my pink Lamborghini?
SHIRAZZ
2010-08-20 17:07:45 UTC
jealousy and anvy


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