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[WillyT]

This message was self-deleted by its author (WillyT) on Sat Jun 27, 2015, 06:36 PM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

[daleanime]

1. K&Major R.....

[catnhatnh]

2. I felt a great disturbance in the force...

...as if dozens of billionaires suddenly cried out in terror and were suddenly silenced. I fear something terrible has happened-Ah fuck it-it's a great idea and I'd laugh my ass off....

[arcane1]

3. It's relatively modest, really. Most of them wouldn't even notice it :) n/t

[dreamnightwind]

4. The VAST majority of voters will support this

The people who will not support it are the large campaign donors, which is why politicians taking their money haven't been pushing for this reform.

[azmom]

10. That's why he has such big crowds.

[truebluegreen]

5. The guy worth $2 million wouldn't have to worry regardless

since he won't be taxed after dying...since he'll be dead.

ow.

[Phlem]

6. Sounds good to me.

We need to rebuild America and the few Rich don't want to pay their fare share whilst the poor have no choice. Infrastructure, economics, the poor and middle class can only straddle that load for so long. Greed needs to end for the sake of the human race.

Man this is so infuriating! Is the this thing on? Hello?

[TexasBushwhacker]

7. This could encourage more philanthropy

A person could still leave their heirs millions of dollars, but instead of paying so much to the feds, they could give it to the charities of their choice.

[cstanleytech]

9. Or couldn't they just form their own charity with themselves and their children and their

grandchildren and whoever else they want and create "jobs" with the charity in order to funnel to money to them at a lower tax rate?

[azmom]

11. That wouldn't be legal, would it.

[cstanleytech]

15. There is alot of things charities do that you would think would be illegal that arent.

Some spend a small fraction of a % on what the charity is founded for like Kids Wish http://www.cnn.com/2013/06/13/us/worst-charities/
So I would not be surprised in the least if the very wealthy are currently doing it or are looking at doing in order to funnel money to family members or even political allies as a kickbacks.

[azmom]

18. They have bought politicians to write

The laws beneficial to them. Bernie is right. It's time they pay taxes.

[prayin4rain]

8. Nice! Great plan! If we can just get all the "temporarily embarrassed millionaires" on board. n/t

[Mnpaul]

12. The founding fathers are smiling

With Thomas Jefferson taking the lead in the Virginia legislature in 1777, every Revolutionary state government abolished the laws of primogeniture and entail that had served to perpetuate the concentration of inherited property. Jefferson cited Adam Smith, the hero of free market capitalists everywhere, as the source of his conviction that (as Smith wrote, and Jefferson closely echoed in his own words), "A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural." Smith said: "There is no point more difficult to account for than the right we conceive men to have to dispose of their goods after death."

Others wanted to go much further; Thomas Paine, like Smith and Jefferson, made much of the idea that landed property itself was an affront to the natural right of each generation to the usufruct of the earth, and proposed a "ground rent" — in fact an inheritance tax — on property at the time it is conveyed at death, with the money so collected to be distributed to all citizens at age 21, "as a compensation in part, for the loss of his or her natural inheritance, by the introduction of the system of landed property."
http://www.economist.com/blogs/lexington/2010/10/estate_tax_and_founding_fathers

They all realized what danger this concentration of wealth posed to Democracy.

[uponit7771]

13. Bernie Sanders will pass this with a 65% Republican congress because Unicorns will

... point their magic horns at congress and make republicans stop being assholes?!

or...

People will pound this over his head, excluding the influence of congress, like they do with Obama on things like Gitmo etc

[quaker bill]

14. It is really this simple

Bernie only gets the nom and then elected in a wave election, something more like a revolt at the polls. It will need to be a bigger wave than that which elected Obama, because he is starting further behind.

The only tenable context where Bernie takes the oath, is also a context where things like this are doable. If Bernie gets the nom, it is a 60-40 contest, a contest that clearly could go either way, but odds favor Bernie if he beats Hillary. In a 60-40 contest, many seats in congress change hands, it will be much more blue or much more red.

Hillary on the other hand is a straight up typical contest. Hillary could win a 51-49, and barring Bernie beating her to the nom, probably will. In a 51-49 contest, she deals with a conservative republican congress every time.

[RadiationTherapy]

17. I agree. Well said.

It's time for disestablishmentation.

[grahamhgreen]

16. Since the Republicans don't like it, Democrats shouldn't fight for it, right? We should only

fight for Republican causes? Is that the logic?

[questionseverything]

19. the estate tax is the fairest way to pay taxes

the dead guy doesn't need it and his heirs have already had every advantage

GO BERNIE GO