This may be Trump’s most insulting scam yet (Communists despise private property)

The Washington Compost ^ | October 11, 2017 | Greg Sargent

[E. Pluribus Unum]

There is probably no better illustration of the scam President Trump’s tax plan would perpetrate on working- and middle-class people than its provision repealing the estate tax. Getting rid of it would benefit a tiny slice of high earners and their families — including Trump’s family, who could save as much as $1 billion once Trump moves on to delivering an accounting for his life to his maker.

Yet Trump has absurdly sold estate-tax repeal as a huge boon to “millions” of small businesses and even to “the American farmer.”

[E. Pluribus Unum]

Plank #3 of the Communist Manifesto: Abolition of all rights of inheritance.

http://www.libertyzone.com/Communist-Manifesto-Planks.html

[DoughtyOne]

The Washington Post is so screwed up, it would be admitted for it’s own protection if it were a person.

[Jim W N]

Communists AND THE LYING LEFT despise private property.

[Luircin]

My paternal grandparents recently died.

They bequeathed the farmland they owned to my father and his brother.

And there is NOTHING they could do with it, because if they did anything, they’d have to pay more than they could afford in taxes. They can’t rent it or sell it or use it, if what they told me was correct.

So screw you, Compost.

[eyeamok]

Maybe we should replace it with a TAX on Commercial Speech for Compensation or Hire.

[Darteaus94025]

Conservative: If you earn it, it belongs to you.

LIEberal: If you have it, we can take it to buy votes.

[JayGalt]

The poor dears think we are stupid like they are.

POTUS is going to speak to an audience of truckers & trucking company owners in PA today. Turns out trucking businesses are significantly effected by the estate tax because the rigs are valuable and the margins are slim, leading to cash poor businesses with sky high assessments by IRS.

The heirs need to sell rigs and close offices to generate the cash to give Uncle Sam his pound of flesh. Many businesses don’t survive. If you’ve never run a business you can spout any kind of nonsense and think you are Einstein when all you are is partisan & clueless.

[Autonomous User]

There isn’t a single reporter at the Compost who has ever seen a farm much less ever set foot on one to do a honest days work so they could write about the troubles facing the american farmer.

[Darteaus94025]

Replace the estate tax with a 10% tax on advertising: TV, news papers, radio, internet.

[RatRipper]

Let me say that the Compost may be egregiously misinformed . . . but, more likely, they are shamelessly lying through their teeth.

I am not a rich man, but estate taxes are one of the most insidious and disgusting forms of taxation there is. Subsequent generations have a way of diluting asset ownership of families. It is not government’s place to do it.

[gubamyster]

Yeah, what a scam to let people keep their own property. Wow, people shouldn’t be taxed when they die, on something they have paid tax on while they wee alive.

The scam is the IRS - legalized stealing.

[Borges]

Are the numbers in the article correct? That the Estate Tax only applies to estates worth more than 5.49 million?

[JimRed]

...repealing the estate tax. Getting rid of it would benefit a tiny slice of high earners and their families...

A lie that early in the article means no need to read farther. It would also benefit middle-class small business owners, independent professionals and family farms who have frequently been forced to sell the business or go into debt to pay the taxes.

[L,TOWM]

According to Forbes, it is.

[brianr10]

And yet for most of its history, the US had no income tax, let alone an estate tax. Somehow, we grew and prospered, becoming an advanced industrial society.

[maplenut]

The Post article is bs.
There are countless numbers of average Americans, probably in the millions, who have literally been wiped out as a result of having to pay high taxes on an inheritance, which may have been only a modest inheritance. Count me as one of those. It is my belief that there are many more of average income earners who have been hurt by the current law than high income earners who would benefit from doing away with the death tax.

[Impala64ssa]

Tell me how working and middle class people who OWN THEIR OWN HOMES, especially those who busted their you-know-whats to pay off their mortgage and are looking forward to a comfortable retirement are scammed by removing the burden of property taxes?

[texassonofww11vet]

let me say...this greg sargent and his rag are babbling idiots. tells me he comes from a family that doesn’t have SH#T, cause if he did he’d be singing a different tune. these people are sick and need to move to CUBA!

[Ohioan]

The Washington Post thinks, like the Communists, that seizing the family farms of rooted Americans, is somehow fair, if it is done by taxation, rather than a rampaging mob as in some earlier atrocities in other lands. Hence, they seek to justify a form of taxation that clearly has that function in many cases--even where the land was originally cleared and developed by the family currently in possession.

The Washington Post does not celebrate the achievements of settlers, or entrepreneurs, or the frugal, provident & loyal. In their confusion, they are unable to distinguish property achieved by honest effort from the notion that everything somehow belongs to a collective, whether earned or not.

Traditionally, middle class Americans seek to join the high achievers, not plunder and steal from their children.

[hal ogen]

Maybe the government seizing the washington pest would make them happy?