"Core objectives of tax policymaking should be to raise revenue in efficient & equitable manner. Current taxation of estates & gifts (& nontaxation of inheritances) fails to meet these goals, perpetuating high levels of economic inequality & impeding intergenerational mobility."
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Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Except that the money that is being inherited was already taxed.
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Money earned has already been taxed by the previous holder as well.
- Još 3 druga odgovora
Novi razgovor -
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Current tax policy: 1) Receive $10 Mil inheritance or own an asset that increases by $10 Mil during the year- Pay NO tax. 2) Work as an employee who receives $10K raise ($60K to 70K) - Pay as much as 40%!! federal, state & local tax. Tax system is rigged against working people.
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Envy is not a good policy motive. But I’ll agree that income taxes are much too much and both taxes and spending need to be drastically reduced.
Kraj razgovora
Novi razgovor -
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Communist.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Partially true; unrealized growth of equities has not been previously taxed.
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Is the government going to issue refunds when investments have unrealized losses?
- Još 1 odgovor
Novi razgovor -
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Only one thing ain’t like the others. I’ve paid taxes on my net worth except for my unrealized gains. Eliminate the step up in basis and then set the estate tax to zero if you want fairness.
- Još 1 odgovor
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
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