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#1
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ZNUYBV wrote:
On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Restore the inheritance tax back to Ronald Reagan era levels. |
#2
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On May 20, 3:17Â*pm, dave wrote:
ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. Â*The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Â*Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. |
#3
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I reckon the Salvation Army thrift store wayyyyyyyyyyy up North on
Beasley Road in Jackson is getting ''enough money''.I just now saw Cindy Cheeks (store manager, or whatever) on 5:00 PM WLBT tv news saying the store is fixing to get a makeover.The walls will be painted and the ceiling will be lowered and new ceiling lights and the merchandise will be diplayed more professionaly. That store used to be a lumber/building supply store years and years ago. Heh, Cindy Cheeks is real pretty. cuhulin |
#4
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![]() "bpnjensen" wrote in message ... On May 20, 3:17 pm, dave wrote: ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. .. .. Got any statistics for this claim? This sounds like the "family farm" story. |
#5
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Another day, another dollar.
///What!?, a dollar? You must have got a raise in pay! All I get is fifty cents a day!/// Plans in Place to Evacuate the Gulf. http://www.stevequayle.com/index1.html T'AINT GOING TO HAPPEN!,,, says ME! cuhulin |
#6
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On May 20, 4:04Â*pm, "Sid9" wrote:
"bpnjensen" wrote in message ... On May 20, 3:17 pm, dave wrote: ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. Â*The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Â*Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. Â*This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. . . Got any statistics for this claim? This sounds like the "family farm" story. I am not familiar with *the* "family farm" story, whatever that may be. Not at my fingertips, and assembling it from scratch, with all the variations and permutations, would be a daunting task - although I am pretty sure it has happened to some of our ranching families here in Alameda County; and I have seen claims from smaller mainstream environmental groups in years past that were it not for this law, small timber owners who had previously practiced sustainable forestry would not have been forced to sell still-decent habitat to operations that practiced clearcut logging. Imagine - an environmental group campaigning for the wealthy? This is not a hard scenario to imagine. I can imagine myself being in that position. It would be fairly easy to craft a law that applied specifically to these situations without allowing tremendous abuses. I am not going to make a big deal of this; suffice it to say that I think preservation of the last remaining open space lands we have is more important than whether somebody who is wealthy gets a tax break when their parents die. YMMV. Bruce Jensen |
#7
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On May 20, 4:04Â*pm, "Sid9" wrote:
"bpnjensen" wrote in message ... On May 20, 3:17 pm, dave wrote: ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. Â*The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Â*Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. Â*This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. . . Got any statistics for this claim? This sounds like the "family farm" story. Here is at least one website that mentions this effect. If I can, I will look for others with more substantial details. It is not hard to imagine this happening; as I mentioned family ranches here in Alameda County and some sustainable timber lands have been lost to inheritance tax. http://www.klt.org/tax.htm Bruce Jensen |
#8
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On May 20, 5:14Â*pm, bpnjensen wrote:
On May 20, 4:04Â*pm, "Sid9" wrote: "bpnjensen" wrote in message .... On May 20, 3:17 pm, dave wrote: ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. Â*The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Â*Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. Â*This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. . . Got any statistics for this claim? This sounds like the "family farm" story. Here is at least one website that mentions this effect. Â*If I can, I will look for others with more substantial details. Â*It is not hard to imagine this happening; as I mentioned family ranches here in Alameda County and some sustainable timber lands have been lost to inheritance tax. http://www.klt.org/tax.htm Bruce Jensen From http://www.saveland.org ~ "Donating conservation land to a land trust is a wonderful way to share its beauty with future generations. The donation can even be set up in a way that allows you to continue to live on the land or to receive a life income. Doing nothing to protect it may doom your land to development. Why? Estate taxes are one reason. Federal taxes can be as high as 55% of a property's fair market value, virtually forcing heirs to sell it. And, of course, future owners may be compelled by ever-increasing property values—or simply by a lack of appreciation for the land—to sell it for development." |
#9
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![]() "bpnjensen" wrote in message ... On May 20, 4:04 pm, "Sid9" wrote: "bpnjensen" wrote in message ... On May 20, 3:17 pm, dave wrote: ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. . . Got any statistics for this claim? This sounds like the "family farm" story. I am not familiar with *the* "family farm" story, whatever that may be. Not at my fingertips, and assembling it from scratch, with all the variations and permutations, would be a daunting task - although I am pretty sure it has happened to some of our ranching families here in Alameda County; and I have seen claims from smaller mainstream environmental groups in years past that were it not for this law, small timber owners who had previously practiced sustainable forestry would not have been forced to sell still-decent habitat to operations that practiced clearcut logging. Imagine - an environmental group campaigning for the wealthy? This is not a hard scenario to imagine. I can imagine myself being in that position. It would be fairly easy to craft a law that applied specifically to these situations without allowing tremendous abuses. I am not going to make a big deal of this; suffice it to say that I think preservation of the last remaining open space lands we have is more important than whether somebody who is wealthy gets a tax break when their parents die. YMMV. Bruce Jensen .. .. Imagination is wonderful. How about some facts, statistics about the "family farms". etc that were lost to the inheritance tax? There were huge exemptions. Republicans took care of the wealthy...as usual and conned the ordinary schnook who thought he might have a taxable inheritance. Best con job in recent history! |
#10
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![]() "bpnjensen" wrote in message ... On May 20, 4:04 pm, "Sid9" wrote: "bpnjensen" wrote in message ... On May 20, 3:17 pm, dave wrote: ZNUYBV wrote: On May 19, 11:30 am, DEFCON 88 wrote: On May 19, 8:59 am, dave wrote: ∅baMa∅ Tse Dung wrote: One of the many shallow statements that sound good-- if you don't stop and think about it-- is that "at some point, you have made enough money." . . . . . . . . . . . . . Amassing wealth beyond your needs is immoral and Unamerican. Nonsense. Restricting people's freedom to acquire as much wealth as they want (unless obtained through criminal activity) is immoral and Unamerican, and reeks of the typical jealousy of success exhibited by the Communist liberal/"progressive" left. Family dynasties are Unamerican. You mean like the Kennedys? The Kennedy's got their wealth honestly. The Kennedy's inherited their wealth. Inherited wealth is the worst kind. Restore the inheritance tax back to Ronald Reagan era levels.- Hide quoted text - - Show quoted text - I won;r argue the basic point, although I have my reservations...but assuming this is correct... With one cautionary note - When people are land-rich and money-poor (forest owners, ranchers, farmers, wetland owners, other fundamentally responsible stewards), a large inheritance tax frequently forces the inheritor (who legally has no choice) to rapidly liquidate the good land to pay the tax bill - sometimes farmland, sometimes natural habitat or even de facto wilderness, and this turns it into subdivisons or other nonproductive, non-habitat land. This unintended consequence has been repeated countless times, and some provision should be made to forestall this problem. . . Got any statistics for this claim? This sounds like the "family farm" story. Here is at least one website that mentions this effect. If I can, I will look for others with more substantial details. It is not hard to imagine this happening; as I mentioned family ranches here in Alameda County and some sustainable timber lands have been lost to inheritance tax. http://www.klt.org/tax.htm Bruce Jensen .. .. These look like exemptions and benefits given to prevent what you claim is happening |
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