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Re:Who died and left the US $7B? by MisterBastahrd on Wednesday October 09, 2024 @12:34PM (#41789807)
Not even sure why I should be upset in the first place. If I get fired from my job, nobody is going to run to my aid crying that I deserved that job because my daddy worked really hard to put me through school (he didn't, but that's besides the point) and he wanted me to have it. No, I just get fired. How is a family farm any different? It's just an asset. Birthrights shouldn't exist past citizenship.
Re:Who died and left the US $7B? by lazide on Wednesday October 09, 2024 @12:45PM (#41789943)
Because the idea of leaving something to your kids (and a legacy beyond oneself) is a fundamental motivator for most people?
Re:Who died and left the US $7B? by SR2Z on Wednesday October 09, 2024 @01:41PM (#41790574)
Boo. That's not what's at stake here; people don't wanna pay taxes that are fairly owed to the government.
Re:Who died and left the US $7B? by lazide on Wednesday October 09, 2024 @03:16PM (#41791608)
Literally the comment I am replying to is about making it so no one can pass on property to their kids.
[dead]
Re:Who died and left the US $7B? by MisterBastahrd on Wednesday October 09, 2024 @06:01PM (#41793165)
Citizens are taxed as individuals, not families. A person did not have assets, and now they do. I don't care that the land was "in their family." If they are even decent at managing their assets, then they will have more assets when they die than when their parents did. And if they don't, then it's not my concern. I don't believe in government policies to perpetuate generational capital wealth, and I will vote against them as long as we have a system where money can be used to influence the government.
Re:Who died and left the US $7B? by lazide on Thursday October 10, 2024 @02:25AM (#41796112)
This is the ‘fuck anyone trying to pass anything to their children’ element which most parents will (rightly) got WTF at.
Re:Who died and left the US $7B? by SR2Z on Thursday October 10, 2024 @09:11AM (#41798448)
The exemption is several million dollars.

I don't mind if people get mad when anything more than that is taxed.

Re:Who died and left the US $7B? by lazide on Friday October 11, 2024 @01:15AM (#41806391)
That is not what the prior comment I was addressing said. Maybe implied, but that’s different.
Re:Who died and left the US $7B? by MisterBastahrd on Thursday October 10, 2024 @10:35AM (#41799266)
Yeah, I'm sure the 1% of people this actually affects will be really big mad and stuff.
Re:Who died and left the US $7B? by _bin_ on Sunday October 13, 2024 @04:22AM (#41826154)
Wrong, we literally double everything in our tax code so that spouses can file jointly.
Re:Who died and left the US $7B? by _bin_ on Sunday October 13, 2024 @04:24AM (#41826169)
> fairly owed

You're doing it again. You're assuming that it must be a just tax. You're assuming that a tax is somehow intrinsically "owed", that any tax requires no justification.

Re:Who died and left the US $7B? by MisterBastahrd on Wednesday October 09, 2024 @03:05PM (#41791492)
You can make that claim, but the fact of the matter is that the US is a representative democracy, and our elected representatives make the laws. We are free to choose other people for the job if we want different laws. The vast majority of people were not lucky enough to be in a situation where their bumpkin ancestors just happened to possess a large swath of land, and so we don't vote to protect large swaths of inherited land.

They owe taxes? They can pay them. They can afford to pay them because they have inherited assets. "Oh no, they're gonna get a diminished inheritance. What a disaster." I'm not getting one, and neither are most of the people in the country. They'll still have their inheritance, they just won't have the land. And they aren't entitled to it if they don't have the money to pay their taxes.

Re:Who died and left the US $7B? by _bin_ on Sunday October 13, 2024 @04:24AM (#41826163)
I've watched chunks of beautiful Texas ranchland get sold off and built up by insufferable austinites for the marginal mcmansion. I will probably oppose a policy that encourages that and would rather the descendant of your so-called "bumpkin" keeps it.