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JarheadBuck said...
Leave it to a Bama type to like the estate tax. There ought to be no such animal. If you don't want to leave anything to your kids/grandkids, that's fine. You should not (or more to the point, our freakin politicians) shouldn't get the bulk of the rest of our life's work to spend because you feel that way.
A person works hard and builds a little money (paying taxes on it all the way along). The gov't has no business taking another huge cut of it to waste / redistribute at the end of that life. That should be that person's to distribute any damn way they see fit...tax free.
This post was edited by BamaLivesFootba on 1/1/2013 at 11:00 PM
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LonestarAg_10 said...
"Relative to existing policies, the tax provisions yield $620 billion over 10 years, according to the Joint Committee on Taxation. Relative to what would happen if no action is taken, the deal would increase the deficit by $3.9 trillion, according to the Congressional Budget Office."
This is the last paragraph of the attachment. I read this as saying they raised taxes and regardless the deficit will still go up $3.9 trillion. Is that correct or is my reading comprehension crap tonight?
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LonestarAg_10 said...
"Relative to existing policies, the tax provisions yield $620 billion over 10 years, according to the Joint Committee on Taxation. Relative to what would happen if no action is taken, the deal would increase the deficit by $3.9 trillion, according to the Congressional Budget Office."
This is the last paragraph of the attachment. I read this as saying they raised taxes and regardless the deficit will still go up $3.9 trillion. Is that correct or is my reading comprehension crap tonight?
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JarheadBuck said...
Leave it to a Bama type to like the estate tax. There ought to be no such animal. If you don't want to leave anything to your kids/grandkids, that's fine. You should not (or more to the point, our freakin politicians) shouldn't get the bulk of the rest of our life's work to spend because you feel that way.
A person works hard and builds a little money (paying taxes on it all the way along). The gov't has no business taking another huge cut of it to waste / redistribute at the end of that life. That should be that person's to distribute any damn way they see fit...tax free.
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JarheadBuck said...
Because it 's a general principal. Just like your "class warfare" stance (soak the rich) is a philosophical stance.
BTW, I'm not one of the "rich" (my taxes didn't go up today)...although I do aspire to such heights.
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fsufsu said...
We've got to cut spending obviously. Dropping the military from high 700 billions to ~600 would be smart. IYAM. We are safe, secure and dominant. Close down 15-20 overseas bases.
Start funneling dollars over next 3 years from endless tanks, planes and such towards cyber security.
If we make simple, smart cuts we can get back to tenable.
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sf2k4 said...
I realize that we all hate taxes, but if we go around cutting as many taxes as possible, how do we expect to pay for the things that taxes support? The stuff we care about, like education, roads, etc. Not talking about debatable things like welfare and its usefulness/unusefulness.
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fsufsu said...
We've got to cut spending obviously. Dropping the military from high 700 billions to ~600 would be smart. IYAM. We are safe, secure and dominant. Close down 15-20 overseas bases.
Start funneling dollars over next 3 years from endless tanks, planes and such towards cyber security.
If we make simple, smart cuts we can get back to tenable.
This post was edited by JarheadBuck on 1/1/2013 at 11:46 PM
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sf2k4 said...
Correct, but I think it needs more national funding as well. We could get into a multitude of philosophical discussions on here about how states with more money and thus more funding shouldn't have to hurt their education systems to help out states that don't, blah blah blah, we could go on forever. The fact is, we're a nation comprised of states and people move from state to state and we, as a whole, are what makes America. We owe it to every state and every person to make every education system as good as possible.
IMO of course.
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For a few hours. However, once Obama signs, I'm back where I was yesterday if I'm not mistaken.











UPDATED**House Passes Senate Tax Package, 257-167***