Posted On: 09/24/2016 2:00:01 PM
Post# of 65629
Andrew Carnegie makes Warren Buffet look like a chump with chump change. One very important bit here.......who's the one that decides what someone will or will not do with there inheritance? This argument presented suggests that the Government will "not" be a sloth with said money...but those that inherit such will be as such...as in....a sloth.
Again....it is far removed from capitalism....and suggests that the Government knows better..more so than your own family. That is why we have something called a Will....or Trust. That so called inheritance is working capital......it's part of the fractional reserve as well(a portion there of)....I'll be damned to allow the Government to decide that my family does not deserve what I feel they do deserve..that is my right...no one else's.
Again...it has already been taxed...and will continue to be taxed as long as it is on the books. Sucking a large portion off to pay off poor management just does not cut it.
Again....it is far removed from capitalism....and suggests that the Government knows better..more so than your own family. That is why we have something called a Will....or Trust. That so called inheritance is working capital......it's part of the fractional reserve as well(a portion there of)....I'll be damned to allow the Government to decide that my family does not deserve what I feel they do deserve..that is my right...no one else's.
Again...it has already been taxed...and will continue to be taxed as long as it is on the books. Sucking a large portion off to pay off poor management just does not cut it.
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