CNN's Fareed Zakaria: Americans should give half of inheritance to government

The Daily Caller ^ | 10/23/2011 | Alex Pappas

[Texas Fossil]

The essence of Statism expressed.

You don’t own anything, only the State owns property, you simply have the use of it while you live if you purchase it.

It would kill Capitalism in a single generation.

Such nonsense.

[DuncanWaring]

... nothing is more un-American than an inherited elite that perpetuates itself,” Zakaria wrote for the magazine.

Nothing is more un-American than having the government steal your stuff to use it to buy votes to perpetuate politicians in power.

[Texas Fossil]

“The Post American World”

OH, so he is the one who wrote it! Explains everything.

[normy]

Why does some 1st generation Muslim scumbag think he can dictate to me what is or is not American?

[GeronL]

Leftists want tyranny. That is all there is to it.

[dfwgator]

If they ever enacted that, I’m leaving the country.

[goat granny]

Problem is we already give the government half and we are still alive...Federal, state, county, sales, taxes on utility bills, taxes (called fee’s) for a new license plate and drivers license, gas, food )sales tax( taxes for SS, income, dividends, interest,school, and many more I forgot...

[COBOL2Java]

Farheed has already given half his brain away in advance.

A few more donations of that ratio and he'll be just as smart as the Vice President.

[Steel Wolf]

CNN's Fareed Zakaria: Americans should give half of inheritance to government

Why?

I don't mean platitudes of why or insinuations of why. I want to know, what is the actual, concrete reason that Americans should give 50% of their inheritance to the government?

[DJ MacWoW]

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[mjp]

“I would enact a 50 percent inheritance tax, because nothing is more un-American than an inherited elite that perpetuates itself

Substantial inheritances are overwhelmingly in the form of means of production, precisely because the far greater part of the wealth of the bequestors- capitalists- is in the form of means of production. If such inherited wealth remains invested- and it almost always does when it is received in a large amount- its existence is to the benefit of everyone. In order to benefit from its existence, one need not be an heir, one need merely be a buyer of the products it helps to produce and whose supply is increased because of it. One need merely be wage earner, whose labor is in additional demand and whose wages are higher because of it.

[JIM O]

It is truly interesting that someone moves to this country to pursue the dreams and rewards our ancestors established and fought for. Upon arriving immediately criticizes what we do and stand for.

We as the supposed sheep of the academic elite must listen and act. If we hurry we can raise our standards to those enjoyed in Bombay.

[Texas Eagle]

Time magazine columnist and CNN host Fareed Zakaria says Republican presidential candidate Herman Cain’s “9-9-9” tax reform plan is “sloppy and, in parts, bizarre.”

“I would enact a 50 percent inheritance tax, because nothing is more un-American than an inherited elite that perpetuates itself,” Zakaria wrote for the magazine.

Then run for President on that platform you anus and see how far you get.

[Cheerio]

[Texas Eagle]

That would actually be a tax decrease. Isn’t the present tax 55%?

[seton89]

The concept of personal property is meaningless to the ummah.

[arkady_renko]

I’m with you, Granny.

[FlingWingFlyer]

Another foreigner telling Americans the way things ought to be in America.

[NCLaw441]

3 points: 1) It is completely “American” and human to want to benefit one’s children with the hard-EARNED wealth one may have accumulated in a productive life; 2) That which we tax, we discourage. Inheritance taxes encourage dissipation of wealth, wasteful living and risking poverty in old age in order to avoid taxation. Is that good policy?; 3) Who in the world can make a good case that government spends tax money better than citizens?

[SandRat]

OK Fareed ... I’ll give you half of the Debt I got as an inheritance. Because that’s all I got.

Of! That’s not what you wanted.

Then GO TO HADES.