The least educated, poorest women is who we will force to carry to term...

[Lucas McCain]

Who knew there would be so many old dipshits with such righteous morals on a whore board who have AMP reviews? Or are you actually naive enough to not know how the majority of the AMP game works for those poor ladies?

Is this board owned by Joel Osteen and we're going to church now? And yeah, I am 110% pro-abortion. We can be self-righteous all we want, but we would be hypocrites if we did so on this board. Or maybe my name really is "Lucas McCain" and I want everyone to know who I am, and my avatar is actually me. LOL

The fact of the matter is we are all hiding from our true identity for a reason - like it or not. There is no true altruism going on in this thread. It is just a lot of old dipshits who want to play the part to feel like they have a moral high ground.

The bottom line is that there are a lot of babies who should have never been born and became a menace to society when they got older and more dangerous. Prisons are full of those "babies". Unfortunately, they don't just hurt themselves, they hurt innocent people because they were raised by idiot parents who just knew how to fuck and make a baby, but had no clue how to raise a child. So yeah, I am all about abortion. There should have been many more; starting with many of the old dumb fucks in this forum.

Anyway, for all of you crybaby old dipshits I've offended, please respond. I probably have your stupid asses on ignore but let your retarded circle jerk begin as usual.

[WTF]

Originally Posted by Tiny

This fucker Dereck Thompson basically gets a boner just thinking about fucking rich people. And fucking people who save money. Yeah, you could just issue T-bills at 0.5% interest when inflation is 8.5%, and get their money. BUT THAT'S TOO FUCKING SLOW. Just take 40%, from the dead people. BECAUSE DEAD PEOPLE DON'T VOTE! No matter that the tax raises around 20 billion a year, a pittance in comparison to 3.8 trillion a year in total federal revenue. No matter it creates economic inefficiencies when people jump through hoops to avoid the tax. No matter the compliance costs are huge. FUCK THE RICH PEOPLE. Wipe out 40% of their capital. Knee cap family owned businesses. That's the ticket to true prosperity -- make everyone poorer in a way that makes everyone more equal. You could instead look at ways to raise up the poor. But fuck that. You want to be Al Capone - err, sorry - you want to be Robin Hood? Or you want to be Mother Teresa? You wanna be Fucking Al Capone, the United States fucking government. Err, sorry, I meant you wanna be Robin Hood. Mother Teresa is BORING.

This fucker Dereck Thompson is egging on politicians to steal peoples' money. Well fuck him.

You have obviously fallen victim by this nonsense. Specifically...

-The law has faced occasional resistance but few serious attempts at repeal. But starting in the 1990s, conservatives mobilized to end the tax for good. A widely cited 1994 study from the right-leaning Tax Foundation reported that it discouraged entrepreneurship. Meanwhile, Republicans worked aggressively to end the estate tax, finding purchase in two arguments against it.


First, they rallied around the moniker “death tax.” This succeeded in persuading many Americans that the law threatened upper-middle-class families. In a 2001 Gallup survey, 17 percent of Americans said they feared they owed estate taxes, at least eight times higher than the actual figure. From a marketing perspective, this was quite brilliant.

-From a descriptive standpoint, it was quite misleading. To the extent that the estate tax is a “death tax,” it is the least effective tax ever devised—not because it fails to discourage death, but because it fails, even more basically, to tax it. In 2013, 2.6 million people died. Fewer than 5,000 of them had taxable estates. That means, each year, the so-called death tax fails miserably in its job, missing more than 99.8 percent of the year’s deaths

[WTF]

Originally Posted by Tiny

You're the only one who's mentioned ranchers and farmers.

You mentioned businesses...
"Knee cap family owned businesses.
[url]https://www.cbpp.org/research/federal-tax/ten-facts-you-should-know-about-the-federal-estate-tax"

Only a Handful of Small, Family-Owned Farms and Businesses Owe Any Estate Tax
Only roughly 80 small business and small farm estates nationwide will face any estate tax in 2017, according to TPC. TPC’s analysis defined a small-business or small farm estate as one with more than half its value in a farm or business and with the farm or business assets valued at less than $5 million. Furthermore, TPC estimates those roughly 80 estates will owe less than 6 percent of their value in tax, on average.[11] (See Figure 3.)

FIGURE 3
Share Chart on Facebook Share Chart on Twitter
Chart
Only 80 Small Farms or Businesses Face Estate Tax
These findings are consistent with a 2005 Congressional Budget Office (CBO) study finding that of the few farm and family business estates that would owe any estate tax under the rules scheduled for 2009, the overwhelming majority would have sufficient liquid assets (such as bank accounts, stocks, bonds, and insurance) in the estate to pay the tax without having to touch the farm or business.[12] The current estate tax rules are even more generous than those assumed in this analysis.

Furthermore, special estate tax provisions — such as the option to spread payments over a 15-year period and at low interest rates — allow the few taxable estates that would face any liquidity constraints to pay the tax without selling off any farm assets.

[Ripmany]

Originally Posted by WTF

I let the facts speak for themselves.

Where do you think the majority of our prisoners come from, the wealthy? Middle class?

What country in the world has a bigger prison system?

Grow the fuck up RIP

Prisoners do not carry babies and what you're talking about female prisoners to get raped by the guards. I been to jail and you watch you as hole you don't get to get a pussey pregnant.

[Tiny]

Originally Posted by WTF

You mentioned businesses...
"Knee cap family owned businesses.
[url]https://www.cbpp.org/research/federal-tax/ten-facts-you-should-know-about-the-federal-estate-tax"

Only a Handful of Small, Family-Owned Farms and Businesses Owe Any Estate Tax
Only roughly 80 small business and small farm estates nationwide will face any estate tax in 2017, according to TPC. TPC’s analysis defined a small-business or small farm estate as one with more than half its value in a farm or business and with the farm or business assets valued at less than $5 million. Furthermore, TPC estimates those roughly 80 estates will owe less than 6 percent of their value in tax, on average.[11] (See Figure 3.)

FIGURE 3
Share Chart on Facebook Share Chart on Twitter
Chart
Only 80 Small Farms or Businesses Face Estate Tax
These findings are consistent with a 2005 Congressional Budget Office (CBO) study finding that of the few farm and family business estates that would owe any estate tax under the rules scheduled for 2009, the overwhelming majority would have sufficient liquid assets (such as bank accounts, stocks, bonds, and insurance) in the estate to pay the tax without having to touch the farm or business.[12] The current estate tax rules are even more generous than those assumed in this analysis.

Furthermore, special estate tax provisions — such as the option to spread payments over a 15-year period and at low interest rates — allow the few taxable estates that would face any liquidity constraints to pay the tax without selling off any farm assets.

Hilarious. The lifetime exemption in 2017 was $5.5 million for individuals and $11 million for married couples. So TPC conveniently defines a small business as one that’s worth less than $5 million and that accounts for over 50% of the value of the estate. They refuse to count any business large enough to create a taxable estate as a “small” business.

The reason few pay the tax is because people and their lawyers jump through hoops to avoid the tax, creating economic inefficiencies in the process. They typically undervalue their assets and sell them to relatives at bargain basement prices. The consideration is loans that are paid over time. The assets go into entities that ultimately no one individual can control so they can qualify for a further “lack of control” discount. Individuals don’t own the entities, rather trusts do. How much sense does that make? It’s the Tomfoolery you say you want to get rid of.

This probably wouldn’t work if everyone in the system, the taxpayers and the appraisers and the lawyers, were above board or if the IRS had a ton of money to pursue people and was willing to go to court to challenge appraisals.

Why do these estates have cash? Because they have to, to pay the estate tax, which contrary to what you quoted cannot be financed at very low rates. At least a number of the public companies I own shares in pay at lower rates than 55% of AFR plus 3% for floating rate loans, which is what an estate would pay.

And this grasshopper is why you don’t see as many multi-generational, successful businesses in the USA as in Germany. How easy is it to maintain the success of a business through multiple generations when you have to pay the tax and create these bizarre ownership structures for each generation? Maybe Better just to sell out or liquidate.

[Tiny]

Originally Posted by WTF

You have obviously fallen victim by this nonsense. Specifically...

-The law has faced occasional resistance but few serious attempts at repeal. But starting in the 1990s, conservatives mobilized to end the tax for good. A widely cited 1994 study from the right-leaning Tax Foundation reported that it discouraged entrepreneurship. Meanwhile, Republicans worked aggressively to end the estate tax, finding purchase in two arguments against it.


First, they rallied around the moniker “death tax.” This succeeded in persuading many Americans that the law threatened upper-middle-class families. In a 2001 Gallup survey, 17 percent of Americans said they feared they owed estate taxes, at least eight times higher than the actual figure. From a marketing perspective, this was quite brilliant.

-From a descriptive standpoint, it was quite misleading. To the extent that the estate tax is a “death tax,” it is the least effective tax ever devised—not because it fails to discourage death, but because it fails, even more basically, to tax it. In 2013, 2.6 million people died. Fewer than 5,000 of them had taxable estates. That means, each year, the so-called death tax fails miserably in its job, missing more than 99.8 percent of the year’s deaths

Jews were only a few percent of the population of pre World War II Germany. The fact they were Jews and only a small percentage of the population didn’t justify taking their property.

Just because a majority or a government can get away with theft doesn’t justify it.

[texassapper]

Originally Posted by Tiny

Just because a majority or a government can get away with theft doesn’t justify it.

Allow me to introduce you to Socialism. Whether National or International in flavor, the rights of the individual are secondary to what the "elites" want and desire.

[Tiny]

Originally Posted by texassapper

Allow me to introduce you to Socialism. Whether National or International in flavor, the rights of the individual are secondary to what the "elites" want and desire.

Nazis, Marxists, thieves and WTF believe it’s OK to steal from people. Please note I didn’t call WTF a Nazi, a Marxist or a thief. He belongs in a category unto himself.

[WTF]

Originally Posted by Tiny

Nazis, Marxists, thieves and WTF believe it’s OK to steal from people. Please note I didn’t call WTF a Nazi, a Marxist or a thief. He belongs in a category unto himself.

What is buying something and making future generations pay for it, called?

Notice I didn't call you a hypocrite!

[WTF]

Originally Posted by Tiny

Jews were only a few percent of the population of pre World War II Germany. The fact they were Jews and only a small percentage of the population didn’t justify taking their property.

Just because a majority or a government can get away with theft doesn’t justify it.

If you knew the history of the estate tax you'd understand that it helped pay for wars. That makes the wealthy/ influential/political connected much more Leary of conflict if instead of profiting from war.

Maybe 1930 Germans should have had a similar philosophy!

[WTF]

Originally Posted by Tiny

Hilarious. The lifetime exemption in 2017 was $5.5 million for individuals and $11 million for married couples. So TPC conveniently defines a small business as one that’s worth less than $5 million and that accounts for over 50% of the value of the estate. They refuse to count any business large enough to create a taxable estate as a “small” business.

.

It is now around 12mil and 24 mil.

You're showing you indoctrination.

At the end of your life, one should at the very least pay the taxes on unrealized capital gains.

I mean really you didn't earn it, your basically paying a income tax.

Think of it like that Tiny....the estate is not paying the tax, the person recieving the estate is!

[lustylad]

Originally Posted by WTF

If you knew the history of the estate tax you'd understand that it helped pay for wars. That makes the wealthy/ influential/political (sic) connected much more Leary (sic) of conflict if instead of profiting from war.

Maybe 1930 Germans should have had a similar philosophy!

Only a complete idiot like WTF can hijack his own abortion thread with a retarded, semi-coherent comment blaming WW2 on the lack of an estate tax in Germany.

[texassapper]

well when he cannot defend his own thread position, it seems the prudent path to choose....

[WTF]

Originally Posted by lustylad

Only a complete idiot like WTF can hijack his own abortion thread with a retarded, semi-coherent comment blaming WW2 on the lack of an estate tax in Germany.

Only a Good Will Hunting faux economic grad student would fail to see the context and sarcasm in my response back to Tiny.

[WTF]

Originally Posted by texassapper

well when he cannot defend his own thread position, it seems the prudent path to choose....

Don't listen to lustylad....he'll have you charging shit to your cc and never paying off the debt as sound economic advice.