To: DCBryan1
Lawyers and tax free muni brokers (like me) would make out like bandits. The "rich" (who give me gainful employment) would have lawyers gift the maximum (11mm per married couple) to their heirs...and then create foundations, charities, and trusts in order to keep the wealth they have honestly made, earned, and should keep.
Then they will call me and say they want tax free income, exempt from federal taxes.
This would be bad. VERY bad...and when it backfires, that $50mm will become $5mm, and then $500,000.00 until they just take it.
5 posted on
01/24/2019 11:13:16 AM PST by
DCBryan1
(Quit calling them liberals, progs, socialists, or democrats. Call them what they are: COMMUNISTS!!!!)
To: DCBryan1
Interesting. Create a law that targets “the rich” as a smokescreen but in application is directly targeted at the middle class.
12 posted on
01/24/2019 11:16:44 AM PST by
HombreSecreto
(The new Oldsmobiles are in early this year)
To: DCBryan1
Don’t worry, the Gov will soon take over 401K’s. Guarantee a 1% return and make sure everyone gets a sliver of the pie! What could possibly go wrong?
151 posted on
01/26/2019 5:39:02 AM PST by
Bucky14
(And I would have gotten away with it too, if not for you meddling kids!)
To: DCBryan1
How does grabbing the wealth work? They just keep taxing you every year so you can never get ahead of their target amount? They keep lowering the maximum until they have taken it all?
The "caring, sharing" Left are Satan in disguise.
155 posted on
01/26/2019 8:37:44 AM PST by
DivineMomentsOfTruth
("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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