Quote from Index piker:
It's nice to see KTS has something right.
It's your money and gifting it away while alive or dead should be a non taxable event for all parties involved.
Just because money or assets change ownership does not mean that big brother should be allowed to put it's grimy hands on it.
Well that is the theory. Personally I reject the whole idea that income should be taxed at all.Quote from OPTIONAL777:
"Just because money or assets change ownership does not mean that big brother should be allowed to put it's grimy hands on it."
Income is income, no matter how it comes in...
Quote from jem:
Why the hell should any of dead person's money - (regardless of zzz juvenile agrument - half to go to the government.
Taxes a a confiscation of liberty and property. Governments should not be redistributing wealth.... who signed up of the b.s.
We need to replace this crazy fricken democrats.
Spend less money -- on everything including defense and lower taxes.
Lets get a low flat tax and then we can donate to the poor or the arts.
It is truly disgusting that some liberals think somone elses money is there money.
Quote from OPTIONAL777:
"Why the hell should any of dead person's money - (regardless of zzz juvenile agrument - half to go to the government."
Half to go to the government?
LOL!
Perhaps you were thinking "have" to go to the government?
Income is income...
I am not in opposition of a flat rate, and the income that someone gets from gifts and inheritance will be taxed at the same flat rate as any other source of income...