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 Some People Have Too Much MoneyPosted on Jun 21, 2010
They say you can’t take it with you, so you might as well leave it to your dogs. Actually the son of the heiress who left her pets and staff millions claims she was manipulated into creating a zany will. So who forced her to cover her Chihuahua with diamonds long before she died? MSNBC: Advertisement Previous item: 'Left, Right & Center': All BP, All the Time Next item: 'Colbert Report': Joe Barton's Misconstrued Misconstruction New and Improved CommentsWe are launching a major overhaul of our comments section. In addition to more robust spam filtering and moderation, new features include the ability to rate other comments, sort how they are displayed and respond directly via e-mail or in a thread. Unfortunately, commenters will lose their existing Truthdig identities. It's a pain, we know, but on the plus side you will now be able to log in with a plethora of options, including Google, Twitter, Facebook and Disqus accounts. Before launching this system we spent months in discussion with our top commenters. We listened to the feedback and we hope you like what we've come up with. Please direct any problems or concerns to us via our contact page. |
Why Bain Questions Matter
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By Jenna, June 23, 2010 at 6:48 pm Link to this comment
(Unregistered commenter)
PatrickHenry said:
“Anything over 20 million per year IMHO should be taxed excessively. Same with death tax.”
Why such a high starting point? Anything over $2 million should be taxed at a rate of 60% or more with no shelters. Anyone making less than $30,000 a year shouldn’t have to pay taxes at all.
As for death tax, I think it’s wrong. If you paid property tax, sales tax, income tax and every other tax before you died, your assets should not be subject to another tax. It’s unfair to the majority of people who don’t make obscene amounts of money and just want to leave their children a home and some land. However, if the death tax, or more correctly—estate tax, were only applicable to assets worth over $2 million, then it MIGHT be more fair and equitable.
The plain fact is that the rich don’t pay nearly as much taxes as they should while the working poor and middle class shoulder the lion’s share of the tax burden.
Report thisBy SteveL, June 22, 2010 at 7:43 pm Link to this comment
Death tax is just Republican crap. Dead people don’t write checks. As I have posted before the deepest darkest secret in this country is how much of the wealth is inherited as opposed to someone going out and earning it.
Report thisBy PatrickHenry, June 22, 2010 at 3:10 pm Link to this comment
Anything over 20 million per year IMHO should be taxed excessively. Same with death tax.
Report thisBy Money is funny, June 22, 2010 at 9:10 am Link to this comment
Is the dog single?
This lady should be Miss America.
What a perfect metaphor she is for the U.S.A.
Invest your money in Alpo quick!
Report thisBy Mark, June 22, 2010 at 5:39 am Link to this comment
(Unregistered commenter)
Thank God the “Death Tax” has been eliminated this year so that MILLIONS can be transferred TAX FREE to chihuahua dogs and scheming servants, or, if her offspring gets his way, to the ne’er do well son of the deceased.
Grover Norquist is a real American hero.
Report thisBy kerryrose, June 22, 2010 at 2:13 am Link to this comment
There is an insane amount of jockeying for the dough before a loved one dies that it can make a cynical person cynical.
Everyone wants a piece of the pie as a beloved dies, and I can absolutely understand the urge to leave it all to those who have REALLY provided love, support, and pleasure in your old age…. your pet!
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