this post was submitted on 30 Oct 2024
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[–] Valmond@lemmy.world 5 points 2 weeks ago (1 children)

Then again, why should you have a house (or billions) and I not?

Your parents maybe worked for it, but you didn't. If your parents are rich, then you have probably had more help in life than someone with poor patents.

This is what I think is the correct way to deal with inheritance, good for you if you get a house btw!

[–] redisdead@lemmy.world -4 points 2 weeks ago (2 children)

Why does the state, or for that matter any of y'all fuckers, be entitled to my parent's hard work?

They got taxed on their income all their lives. They paid property taxes all their lives. And here you are, looming over their dead bodies, still trying to get your grubby little hands in their pockets.

[–] Valmond@lemmy.world 11 points 2 weeks ago (1 children)

I'm not talking about you personally, I'm talking about the general idea of taxing inheritances.

If you don't tax it, we'll all end up working for jeff besos grand son, for peanuts and no house.

Also, if you get a bunch of grands, I can live with that, you got lucky, good for you. But millions? Not so much IMO.

[–] Sporkbomber@lemm.ee 8 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

This is why estate taxes only kick in at a pretty large amount. For instance the threshold for the US federal estate tax to kick in is 13,990,000 dollars and up, for 2025. For the state I live in there is no estate tax.

If you're up in that range and above then you can also be pretty sure that no, they did not pay the same taxes working class people do, they probably paid less.

It's just used as a talking point for Republicans because people like yourself don't realize that by the time it kicks in the recipient is already set for life and people that rich probably weren't paying their fair share into the system anyways.