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-   -   Another reason we must vote 4 Hillary (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/another-reason-we-must-vote-4-hillary-211053/)

Guest 09-22-2016 02:33 PM

Another reason we must vote 4 Hillary
 
Hillary Clinton Proposes 65% Top Rate for Estate Tax
Tax plan changed to increase top rate for wealthiest households


:pray:

Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax plan released Thursday.

The 65% estate-tax rate would be the highest since 1981 and marks one of the most enormous tax-policy gulfs between Mrs. Clinton and Mr. Trump, who would repeal the tax.

Guest 09-22-2016 02:36 PM

Democrats never met a tax they didn't like.

Guest 09-22-2016 02:45 PM

Very rich like Clinton and Trump do not pay that tax, they have lawyers that have trusts etc.

It's family businesses and family farmers that get walked.

When Clinton says Trump is trying to save himself 4 billion dollars it is yet another lie.

She will say ANYTHING, including riling up black protesters to the point of murder.

Guest 09-22-2016 02:45 PM

"Wacked" not walked

Guest 09-22-2016 02:46 PM

Quote:

Posted by Guest (Post 1293629)
Hillary Clinton Proposes 65% Top Rate for Estate Tax
Tax plan changed to increase top rate for wealthiest households


:pray:

Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax plan released Thursday.

The 65% estate-tax rate would be the highest since 1981 and marks one of the most enormous tax-policy gulfs between Mrs. Clinton and Mr. Trump, who would repeal the tax.

Hillary is doing this because big agriculture has donated millions on dollars to her foundation.
Big agriculture, for years, have been trying to get rid of the family farm.
Her proposals will make it impossible for farmers to pass down their farms to the next generation.

This will apply to pretty much any family business.

Guest 09-22-2016 02:54 PM

And this is a reason to vote for Hillary?

Guest 09-22-2016 02:56 PM

It's a reason to not vote for this handicapped sick woman.

Guest 09-22-2016 03:10 PM

Quote:

Posted by Guest (Post 1293650)
It's a reason to not vote for this handicapped sick woman.

She isn't going to look very sick on Mon night. She will probably come out screaming like a banshee. She'll have her claws out and threatening. I bet they have her so doped up that she won't even want to stand still, let alone sit down.

Guest 09-22-2016 03:10 PM

She would impose a 50% rate that would apply to estates over $10 million per person, a 55% rate that starts at $50 million per person and the top rate of 65%, which would affect only those with assets exceeding $500 million for a single person and $1 billion for married couples.

Hillary Clinton Proposes 65% Top Rate for Estate Tax - WSJ

Guest 09-22-2016 03:35 PM

Why do liberals always want to take wealth from those who work hard and earn it, and give it to those who don't?

Guest 09-22-2016 03:40 PM

Quote:

Posted by Guest (Post 1293676)
Why do liberals always want to take wealth from those who work hard and earn it, and give it to those who don't?

Because their goal is not to make everyone equally rich but rather to make everyone equally poor.

Guest 09-22-2016 03:44 PM

My father always told me the democrats will tax you to death. That was in the 50's and you know what he was right. Democrats are no good.

Guest 09-22-2016 03:44 PM

So people who have already paid taxes when they earned the income to purchase their assets , and who have paid capital gains when their investments paid dividends should be taxed yet again on the same assets because they passed on ?

And that is fair and justified exactly why ?

Guest 09-22-2016 04:28 PM

Quote:

Posted by Guest (Post 1293645)
And this is a reason to vote for Hillary?

Yes it helps pay down the 20 trillion debt:confused:

Guest 09-22-2016 05:53 PM

Why don't you people get your facts straight. Presently, estates worth $5.45 million or less are exempt from federal estate tax. Beyond that dollar limit, the estate tax kicks in, generally requiring you to pay a tax of 40%. Clinton wants to raise that 40% tax rate to 45%. She also thinks the $5.45 million exemption threshold is too high. She would cut it materially so that more people have to pay estate tax, dropping the exemption amount from $5.45 million to $3.5 million. However, according to the Tax Policy Center, only approximately 10,800 estate tax returns will be filed for deaths in 2015. Of those, less than half (about 5,300) will be taxable. In that sense, the dollars at stake are arguably not too significant.

Proponents of the estate tax argue that it helps to stop wealthy people from getting even wealthier, generation after generation. They see the estate tax as helping to curtail dynasties, keeping them from growing unchecked. Trump, on the other hand, favors getting rid of the state tax. And being a billionaire, would benefit enormously from an estate tax repeal.

Guest 09-22-2016 05:55 PM

Quote:

Posted by Guest (Post 1293684)
So people who have already paid taxes when they earned the income to purchase their assets , and who have paid capital gains when their investments paid dividends should be taxed yet again on the same assets because they passed on ?

And that is fair and justified exactly why ?

I suspect like other factual logical issues....there will be significant silence.

Guest 09-22-2016 06:12 PM

Quote:

Posted by Guest (Post 1293727)
Why don't you people get your facts straight. Presently, estates worth $5.45 million or less are exempt from federal estate tax. Beyond that dollar limit, the estate tax kicks in, generally requiring you to pay a tax of 40%. Clinton wants to raise that 40% tax rate to 45%. She also thinks the $5.45 million exemption threshold is too high. She would cut it materially so that more people have to pay estate tax, dropping the exemption amount from $5.45 million to $3.5 million. However, according to the Tax Policy Center, only approximately 10,800 estate tax returns will be filed for deaths in 2015. Of those, less than half (about 5,300) will be taxable. In that sense, the dollars at stake are arguably not too significant.

Proponents of the estate tax argue that it helps to stop wealthy people from getting even wealthier, generation after generation. They see the estate tax as helping to curtail dynasties, keeping them from growing unchecked. Trump, on the other hand, favors getting rid of the state tax. And being a billionaire, would benefit enormously from an estate tax repeal.

Not too significant? Maybe not to you.

Just curious, would Hillary's new tax proposal apply to YOU?

Guest 09-22-2016 06:30 PM

This is all BS. Once a person acquires and estate it should be theirs. You bet your a$$ it's not going to affect any politician especially the clintons, Kerry's, Obama's, Nancy lets pass it to see what's in it. It will also not affect trump, gates, tax cheat Buffett, or any other billionaire. That's why we have lawyer's, only the poor stooge voter that can't afford lawyers get the Shyt taxed out of them.

Another thing you NEVER heard democrat talk about lowering taxes or paying down the debt. They can NEVER get enough money to spend for votes.

Guest 09-22-2016 06:54 PM

The fact is we can no longer support the takers as the givers have run out of money. Government programs to buy votes has made this a socialist state.

Guest 09-22-2016 07:10 PM

Quote:

Posted by Guest (Post 1293676)
Why do liberals always want to take wealth from those who work hard and earn it, and give it to those who don't?

You realize that if they don't get the taxes from the millionaires they get it from the people that pay taxes. That's you and me.

I don't feel sorry for billionaires. Call me deplorable.

Guest 09-22-2016 07:12 PM

Quote:

Posted by Guest (Post 1293765)
You realize that if they don't get the taxes from the millionaires they get it from the people that pay taxes. That's you and me.

I don't feel sorry for billionaires. Call me deplorable.

big typo error---

You realize that if they don't get the taxes from the Billionaires [not millionaires] they get it from the people that pay taxes. [Most of us down here are millionaires.] That's you and me.

I don't feel sorry for billionaires. Call me deplorable.

Guest 09-23-2016 02:22 AM

Quote:

Posted by Guest (Post 1293767)
big typo error---

You realize that if they don't get the taxes from the Billionaires [not millionaires] they get it from the people that pay taxes. [Most of us down here are millionaires.] That's you and me.

I don't feel sorry for billionaires. Call me deplorable.

No, I don't call you "deplorable." I call what you said "stupid." Billionaires may not pay at the same percentage in their net tax payment after breaks, but they do pay more taxes than you.

Guest 09-23-2016 07:47 AM

I am always amused at the "tax rate" discussion about millionaires and billionaires.

The tax rate is not an apple and an apple.

Most taxpayers pay taxes on wages.

Millionaires and billionaires do not make wages. It is all about asset management and investments....that simply are not at the same "rate".

Instead of talking about "rates", it would be more useful to be talking about amounts of $$$$$ paid in taxes per the given rates.

Most of us know the result of such an exercise.....right.

But the media and political abuse and mis-information talking about tax rates plays better to the uninformed.

The uninformed do not know they are uninformed....that is the pity of what is happening in our society today.

Guest 09-23-2016 08:12 AM

Quote:

Posted by Guest (Post 1293750)
This is all BS. Once a person acquires and estate it should be theirs.

Another thing you NEVER heard democrat talk about lowering taxes or paying down the debt. They can NEVER get enough money to spend for votes.

What, have you been living under a rock? A Democratic president, Bill Clinton was the one who balanced the budget and actually created a budget surplus. Of course Bush came in and wrecked the economy with that stupid war.

Guest 09-23-2016 08:36 AM

Quote:

Posted by Guest (Post 1293948)
What, have you been living under a rock? A Democratic president, Bill Clinton was the one who balanced the budget and actually created a budget surplus. Of course Bush came in and wrecked the economy with that stupid war.

Bill Clinto was about as responsible for balancing the budget with a surplus and Bush was responsible for wrecking the economy.

Those things would have happened if Howdy Doody was in office or not!!!

Guest 09-23-2016 01:16 PM

Quote:

Posted by Guest (Post 1293948)
What, have you been living under a rock? A Democratic president, Bill Clinton was the one who balanced the budget and actually created a budget surplus. Of course Bush came in and wrecked the economy with that stupid war.

First off, it was congress that "balanced" the budget.

Second, Clinton NEVER had a surplus. Anyone can put a budget on a piece of paper on his way out the door, not knowing what next year is going to cost. At any rate, NO ONE has had a surplus which allowed them to pay down on the national debt since Eisenhower. ( a Republican ).

As for a Democrat president lowing taxes, I believe Kennedy might have been responsible for some tax breaks. I would have to look it up to be sure.

As much as I hate to say it, in my opinion Bush hosed up by lowering the tax rates to the extent that half the country gets out of paying their equal share (the lower 47%). All that did was cause 47% Democrat voters. The tax rates were supposed to be temporary but Obama wanted to keep all but the wealthy tax breaks.


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