Category: Current Events

That doesn’t make any sense. James is not being taxed twice. The person getting the money is being taxed on their accretion to wealth, once. It’s no diffrent then when you earn money at your job (taxed) and then you give it to someone as a gift (person receiving gift pays taxes on gifts, you do not.)

That money was subject to tax twice, yes. money is taxed all the fucking time. it was not “double taxed” as to that tax payer.

The" Double tax mugerglegurgle!!! “argument makes no fucking sense, and was invented by the republicans (I.E those who actually have money above the 5 million dollar exception to this rule) to drum up support to end "the death tax” among the 99% of the people in this country it doesn’t effect, because there is a 5 million dollar federal exception. Is your estate worth less than 5 million dollars? good news! your friends and realitives take your shit tax free.

But presented with the need to make the base of the republican party care (spoiler alert: most are going to die to poor to ever be effected) the powers that be correctly assumed that wording it as a “death tax” and “THEY WANNA TAKE YER MONEY TWICE!” arguments would be more effective then saying “5 million dollars tax free? fuck that, I have 500 million to hand down to young paris, how will she make a living on just 325 million of that??!?

A paedophile priest told a distraught seven-year-old boy that he could get his dead grandfather into heaven if he performed a sex act on him, a court has heard.