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Topic	So Trump's tax plan eliminates the estate tax
FLUFFYGERM 11/02/17 9:34:01 PM #37:	geno_16 posted... FLUFFYGERM posted... jumi posted... Hey posted... Do you not believe in inheritance? Money changes hands, it should be taxed. Period. It's already taxed when it's earned as income, and then again when it's invested and earning interest. That's not how taxes work. If it was all personal income taxes should be abolished. After all, the money a company uses to pay it's employee's wages was already taxed when the company made it. The company earns income. It pays income tax. It pays workers. Those workers pay income tax on their income. Pretty simple. Inheritance is not earned money. It's a taxpayer choosing to give their earned wealth (that was already taxed as income) to their offspring. <cite>FLUFFYGERM posted [p:889653702] in So Trump's... [t:75948567]...</cite> <quote><cite>geno_16 posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote><cite>jumi posted...</cite> <quote><cite>Hey posted...</cite> <quote>Do you not believe in inheritance?</quote> Money changes hands, it should be taxed. Period.</quote> It's already taxed when it's earned as income, and then again when it's invested and earning interest.</quote> That's not how taxes work. If it was all personal income taxes should be abolished. After all, the money a company uses to pay it's employee's wages was already taxed when the company made it.</quote> The company earns income. It pays income tax. It pays workers. Those workers pay income tax on their income. Pretty simple. Inheritance is not earned money. It's a taxpayer choosing to give their earned wealth (that was already taxed as income) to their offspring.</quote> ... Copied to Clipboard!
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