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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / There's a base assumption in your statement
Post #277,103
by bepatient
Picture of bepatient
1/1/07 2:41:26 AM
Reply
New There's a base assumption in your statement
that I don't agree with...that is that government spending is somehow at an acceptable level...so that taxes removed must be replaced.

20 billion in easily identified [link|http://www.foxnews.com/story/0,2933,49837,00.html|pork]. [link|http://www.govexec.com/dailyfed/0104/010904h1.htm|Procurement practices] that lead to hugely inefficient spending of tax dollars.

Also, we argue here often about personal income taxes...when [link|http://www.aflcio.org/corporatewatch/ns04172003.cfm|corporations] use different practices to avoid paying taxes that number in the billions.

Too much of today's music is fashionable crap dressed as artistry.Adrian Belew
Post #277,108
by Another Scott
1/1/07 9:27:24 AM
Reply
New Not really.
I just think that if you want to get anywhere in a discussion about taxes, you should restrict the discussion to taxes. In this case I'm more interested in Estate Taxes. :-)

One man's pork is another man's needed investment. You're not going to get rid of pork and you're not going to get rid of waste - you can only do better managing it. (Is having 10s of thousands of FEMA trailers rotting in parking lots "pork" or is it "waste" or is it a "necessary precaution in case of another Katrina"?)

Yes, there's a lot of waste in the Federal Government. There's also a lot of needed investment that isn't being done. Arguing about that doesn't shed much light on the Estate Tax though. :-)

Cheers,
Scott.
     to you estate tax lovers - (boxley) - (37) - Dec. 29, 2006, 06:18:41 PM EST
         But box, all those stories are untrue - (bepatient) - Dec. 29, 2006, 10:08:49 PM EST
         Condolences. But it looks inevitable to me. - (Another Scott) - Dec. 29, 2006, 11:34:53 PM EST
         That's not estate taxes - (tuberculosis) - (17) - Dec. 30, 2006, 04:33:14 AM EST
             Read. - (bepatient) - (4) - Dec. 30, 2006, 10:12:14 AM EST
                 You can't tell anything from that article. - (tuberculosis) - (3) - Dec. 30, 2006, 12:03:50 PM EST
                     You losing your sight in your old age? - (crazy) - (2) - Dec. 30, 2006, 02:31:23 PM EST
                         selective viewing, only see what fits yer world view -NT - (boxley) - (1) - Dec. 30, 2006, 02:36:41 PM EST
                             I can't honestly figure out the relationships among the - (tuberculosis) - Dec. 30, 2006, 03:39:08 PM EST
             nice try bub but wrong - (boxley) - Dec. 30, 2006, 11:18:38 AM EST
             yo, socialist boy gotcher taxes right here - (boxley) - (10) - Dec. 30, 2006, 11:33:53 AM EST
                 So where's the details on estate taxes? Nowhere. - (tuberculosis) - (9) - Dec. 30, 2006, 12:04:52 PM EST
                     estate tax was in the article, you didnt read it? - (boxley) - (8) - Dec. 30, 2006, 02:35:40 PM EST
                         I'm really busy - (tuberculosis) - (7) - Dec. 30, 2006, 03:43:04 PM EST
                             if you look at the link to the tax page - (boxley) - (6) - Dec. 30, 2006, 07:38:02 PM EST
                                 Thats a good nutshell - (bepatient) - (5) - Dec. 30, 2006, 08:08:32 PM EST
                                     Or ... - (drewk) - (3) - Dec. 30, 2006, 08:38:07 PM EST
                                         if the taxes have already been paid that billion investment - (boxley) - (2) - Dec. 30, 2006, 09:41:26 PM EST
                                             If it's an investment, they haven't paid capital gains yet -NT - (drewk) - (1) - Dec. 30, 2006, 10:27:51 PM EST
                                                 capital gains is much lower than 40% -NT - (boxley) - Dec. 31, 2006, 10:24:50 AM EST
                                     Yah - grandparents sold OUR farm to green acres. - (imric) - Dec. 30, 2006, 11:57:16 PM EST
         I assume they've talked to a tax accountant. - (Another Scott) - (15) - Dec. 30, 2006, 10:55:01 PM EST
             Sort of - (bepatient) - (14) - Dec. 31, 2006, 01:33:56 AM EST
                 Thresholds aren't exemptions or loopholes - (tuberculosis) - (13) - Dec. 31, 2006, 12:32:19 PM EST
                     And it will still be bad - (bepatient) - (12) - Dec. 31, 2006, 06:21:19 PM EST
                         What's your proposal? - (Another Scott) - (11) - Dec. 31, 2006, 06:28:20 PM EST
                             Eliminate it. - (bepatient) - (9) - Dec. 31, 2006, 06:48:20 PM EST
                                 Let's just stick with the Estate Tax for now. - (Another Scott) - (2) - Dec. 31, 2006, 07:25:34 PM EST
                                     There's a base assumption in your statement - (bepatient) - (1) - Jan. 1, 2007, 02:41:26 AM EST
                                         Not really. - (Another Scott) - Jan. 1, 2007, 09:27:24 AM EST
                                 Question - (drewk) - (1) - Jan. 1, 2007, 01:32:14 PM EST
                                     problem then is that the rich would feel that - (boxley) - Jan. 1, 2007, 02:06:33 PM EST
                                 The richest guys think we need it. - (tuberculosis) - (2) - Jan. 1, 2007, 06:42:56 PM EST
                                     you mean they dont control over the national agenda now? -NT - (boxley) - (1) - Jan. 1, 2007, 08:06:41 PM EST
                                         Apparently not if they're arguing with Bush over it - (tuberculosis) - Jan. 1, 2007, 09:41:28 PM EST
                                 It's a death by a thousand cuts. - (static) - Jan. 1, 2007, 08:45:16 PM EST
                             no estate taxes beyond counting the goods transfered as - (boxley) - Dec. 31, 2006, 06:52:54 PM EST
         Lovers? Fond of maybe. - (Silverlock) - Jan. 1, 2007, 09:44:04 AM EST

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