What’s a “Fair Share”?

[Guilds]

@WuWei

Whatever dude. Who owns it all now? Who did the work? Who built it? Not your precious government.

I am sorry if you are not grasping the concept.

No state investing in R&D, on a crap ton of stuff over the years, and we do not have the nice toys we have today, and the economy would suck.

The private sector thrives, with a lot of help from the state.

Again, do the research.

[WuWei]

@Guilds

@WuWei

Whatever dude. Who owns it all now? Who did the work? Who built it? Not your precious government.

I am sorry if you are not grasping the concept.

No state investing in R&D, on a crap ton of stuff over the years, and we do not have the nice toys we have today, and the economy would suck.

The private sector thrives, with a lot of help from the state.

Again, do the research.

Utter and complete bull feathers.

[Guilds]

@WuWei

Utter and complete bull feathers.

Whatever dude…enjoy your very small world.

[WuWei]

@Guilds

@WuWei

Utter and complete bull feathers.

Whatever dude…enjoy your very small world.

Stop taking that money from the private sector, get out of the way and see what kind of smartphone you get.

[Guilds]

@WuWei

Stop taking that money from the private sector, get out of the way and see what kind of smartphone you get.

[Jezcoe]

@WuWei

Utter and complete bull feathers.

Literally no one argues that internet would have been created without the initial government R&D.

Literally no one.

[WuWei]

@Jezcoe

@WuWei

Utter and complete bull feathers.

Literally no one argues that internet would have been created without the initial government R&D.

Literally no one.

I am.

[Samm]

@wiley8425

A car is property. In Washington you pay a sales tax at the point of purchase and you’re done. I don’t see why a home should be any different. Especially since you never really own it, even after it’s paid off.

Most local governments have only four significant means to raise revenue, permits & fees, sales tax, personal property tax, and real estate tax. If they cannot collect real estate tax, they would have to increase the rates of the other revenue mechanisms.

[zantax]

@Jezcoe

Well the GOP is working to repeal the Estate Tax… so that is working for the … checks notes… wealthiest Americans.

McConnell cosponsors permanent repeal of the death tax - WNKY News 40 Television

Why shouldn’t we have representation?

[Jezcoe]

@zantax

@Jezcoe

Well the GOP is working to repeal the Estate Tax… so that is working for the … checks notes… wealthiest Americans.

McConnell cosponsors permanent repeal of the death tax - WNKY News 40 Television

Why shouldn’t we have representation?

You do.

[zantax]

Good.

[Smyrna]

There are cases as in the instances of family farms being handed down to the next generation that shouldn’t be taxed where as the profits generated from the farm…should be.

There are other instances where the wealth being passed on to the next generation should be. It needs to be examined and thought through so that it doesn’t just potentially bankrupt the generation receiving the assets.

[Jezcoe]

@Smyrna

There are cases as in the instances of family farms being handed down to the next generation that shouldn’t be taxed where as the profits generated from the farm…should be.

Before the last tax revision, only 682 estates reported farm income. That farm income on average represented 5 ish % of the total income for the entire estate.

Now that the threshold has been doubled I have my doubts that family farms are swept up in this tax since it wasn’t that big of threat to begin with.

My father’s 500 acre farm is worth somewhere around 4 million and that value is if it was sold for development… not as farm land.

[thinkingman]

@Guilds

@WuWei

Whatever dude. Who owns it all now? Who did the work? Who built it? Not your precious government.

I am sorry if you are not grasping the concept.

No state investing in R&D, on a crap ton of stuff over the years, and we do not have the nice toys we have today, and the economy would suck.

The private sector thrives, with a lot of help from the state.

Again, do the research.

you owe your toys to the ingenuity of people looking to make profit

not govt

[thinkingman]

still wondering what socialist joe “in govt all my life” biden thinks is “fair”

[Smyrna]

@Jezcoe

My father’s 500 acre farm is worth somewhere around 4 million and that value is if it was sold for development… not as farm land.

How ever the profit is generated from that farm, it should be taxed but not for simply being handed down to the next generation IMO.

[Jezcoe]

@Smyrna

@Jezcoe

My father’s 500 acre farm is worth somewhere around 4 million and that value is if it was sold for development… not as farm land.

How ever the profit is generated from that farm, it should be taxed but not for simply being handed down to the next generation IMO.

As I showed… the federal estate tax doesn’t really apply to family farms. They don’t really reach the threshold.

It just isn’t a thing.

[Smyrna]

@Jezcoe

As I showed… the federal estate tax doesn’t really apply to family farms. They don’t really reach the threshold.

What is the threshold that will motivate this tax?

[wiley8425]

Considering there are only eight states out of fifty that don’t have individuals paying income tax and you didn’t mention that, I think you’re wrong. As usual.

[Jezcoe]

@Smyrna

@Jezcoe

As I showed… the federal estate tax doesn’t really apply to family farms. They don’t really reach the threshold.

What is the threshold that will motivate this tax?

$11.7 million