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(, Sun 1 Apr 2001, 1:00)
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So you think it's fair that if you inherit your family home then chances are you'll have to sell it
to pay a tax bill?

Even though the money that paid for it has already been taxed?
(, Wed 29 Aug 2012, 10:59, 2 replies, latest was 13 years ago)

In a society where the economic rules are strongly tilted in favor of the haves at the expense of the have-nots, where tax laws give generous loopholes to the wealthiest among us, the occasion of passing on wealth to the next generation is an appropriate time to tax our accumulated fortunes. Most of the appreciated value of these assets has never been taxed.
(, Wed 29 Aug 2012, 11:06, Reply)
The have-nots are gay and should fuck right off.

(, Wed 29 Aug 2012, 11:07, Reply)
You're gay?

(, Wed 29 Aug 2012, 11:11, Reply)
You gone dun a zing!

(, Wed 29 Aug 2012, 11:11, Reply)
Thanks Chompy

(, Wed 29 Aug 2012, 11:08, Reply)
Yes, I do I'm not saying it's nice.
But it is a way to stop the cumulation of money in a smaller and smaller number of peoples hands.

It's all about compound interest of savings at it's most basic, the effect of compound interest on a population is limited by the fact that people have to spend money and that people die within about 80 years. An estate in itself doesn't have that problems (they probably have to spend a bit of money) cutting out 40% every 80 years is to stop it getting out of control.
(, Wed 29 Aug 2012, 11:10, Reply)
Not saying it's nice.
But it makes pragmatic sense.
(, Wed 29 Aug 2012, 11:10, Reply)
I think I should say it's not nice a third time

(, Wed 29 Aug 2012, 11:12, Reply)
Once, Twice, Three Times a Nice

(, Wed 29 Aug 2012, 11:13, Reply)
Are you saying that it's nice?

(, Wed 29 Aug 2012, 11:13, Reply)

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