socialism in America.

Discussion in 'Economics' started by zdreg, Mar 21, 2018.

is socialism coming to America?

Poll closed Apr 30, 2018.
  1. yes

    12 vote(s)
    41.4%
  2. no

    9 vote(s)
    31.0%
  3. yes in the form of crony capitalism

    6 vote(s)
    20.7%
  4. yes in the form of too much regulation

    2 vote(s)
    6.9%
  1. Sig

    Sig

    So you go from having no rational reason to support passing wealth (but not debts!) to children who have done nothing to deserve or earn it, to wishing death on those who dare question your long held but never examined beliefs! Confirmation Bias like I've never seen the likes of.
     
    Last edited: Apr 3, 2018
    #271     Apr 3, 2018
  2. Can you please stop beating around the bush and just answer the question? Let the ET community judge if you’re views are criminal, or not. I can assure you, the majority here would side with me on this.
     
    #272     Apr 3, 2018
  3. Sig

    Sig

    Beating around the bush? I've asked repeatedly what moral or rational reason there is for children inheriting the money (but not debts) of parents despite them doing nothing to earn or deserve it. I began asking the question before you came along, and neither you or anyone else has been able to answer it. So far we've gotten "because it's always been that way", "because I said so" and more irrationally since we're discussing the rational behind a law, "because it's the law". So stop "beating around the bush", either you have a rational or moral reason for supporting the status quo of your don't. As I clearly pointed out to you, and apparently went over your head, this is a question of the morals or rational behind a law. Here in the U.S. at least, laws are passed by a democratic system and can be changed, they don't come on tablets from god that must not be questioned. You're no more "criminal" to ask for the moral or rational reason behind inheritance laws than you were "criminal" to ask for the moral or rational reasoning behind laws that allowed slavery, prohibited women or minorities from voting, prohibited mixed race marriages, or outlawed homosexuality....or the laws that prohibit marijuana use for that matter.

    I have to keep checking that you're not being sarcastic or have some odd sense of humor here. You actually think it's a criminal act to question any existing law in the U.S.? First amendment much? It's beyond bizarre when someone asks why to a long held belief and when you can't come out with a rational or moral reason, you jump right to advocating for execution and screaming that the very act of asking the question makes one a criminal! Again, it's quite fascinating to see this violent of a reaction when someone questions a rather anodyne belief that you hold but have apparently never really thought about, very interesting. Sounds like I need to direct Dr. Kahneman to ET for his next research project!
     
    #273     Apr 3, 2018
  4. NeoTrader

    NeoTrader

     
    #274     Apr 3, 2018
    Visaria and digitalnomad like this.
  5. So, there is actually a fairly large group of people who support a 100% inheritance tax, and they live and prosper in the US? This is worse than I thought. Eradication of this disease is mandatory.
     
    #275     Apr 3, 2018
  6. Cuddles

    Cuddles

    Inheritance should be taxed to the gift limit and then as a disimbursement at ordinary income. Trump tax cuts obviously did away with that.

    Actually ordinary income tax is too generous now that I think about it. How are lottery earnings taxed? That should be the starting point.
     
    #276     Apr 3, 2018
  7. Humpy

    Humpy

    If it was up to me and it isn't, I would limit inheritance to $1 million per person.
    So the child has a good chance in life but has to get off their lazy butts and go to work.
    Giving a child billions imho warps their judgement.
     
    #277     Apr 4, 2018
  8. tomorton

    tomorton


    It is up to you, if you have $1 million.
     
    #278     Apr 4, 2018
  9. Humpy

    Humpy

    No millions and no children, so I probably don't know what I am talking about.
    lol
     
    #279     Apr 4, 2018
  10. tomorton

    tomorton


    You're not alone: socialists also like to tell other people how they should spend their money. Not content with exercising their own free will, the philosophy is one of subjugation of other individuals to the perceived common good of the group.
     
    #280     Apr 4, 2018