I didn't write "assets don't appreciate in value".
Yes you did. You tried to say that assets are tied up somehow...but the entire point of assets is to increase their value over time.
I didn't write "assets don't appreciate in value".
That was an example
You get taxed on what you earn relative to how much you earn.
For many people in the upper reaches of the wealthy end their incomes often fluctuate widely.
So did the heirs pay the taxes before, or did the person who died pay those taxes before?
They heirs didn't pay any tax on it before they inherited it.
Hypothetically, most inheritance is passed one generation, and most often resold by the inheritor.
Fact is, the estate was already paid fo
To instate a re-taxation of a house and property to be paid once again when it is given to the original owners children is redundant and insulting.
The table paid for, used for years, given to the original owners childre
"we will confiscate this table unless you pay tax on it before you give it to your children." The table was already taxed when bought new.
Hypothetically?
So...the people inheriting the wealth didn't earn it, and didn't pay taxes on it prior to inheriting it.
That's the point.
You screech and screech and screech about "earning", but inheriting wealth isn't earning it.
but your parents earned it, and passed it down to you
but your parents earned it, and passed it down to you
not YOU necessarily, something tells me your parents are losers like you are,
but hypothetically citing the people to whom you refer, saying the government is more deserving of my money than my children makes you not only a lunatic, but an idiot
but your parents earned it, and passed it down to you,
WELL
not YOU necessarily, something tells me your parents are losers like you are,
but hypothetically citing the people to whom you refer, saying the government is more deserving of my money than my children makes you not only a lunatic, but an idiot
but your parents earned it, and passed it down to you,
WELL
not YOU necessarily, something tells me your parents are losers like you are,
but hypothetically citing the people to whom you refer, saying the government is more deserving of my money than my children makes you not only a lunatic, but an idiot