Home › Forums › Costa Rica Living Forum › Estate Taxes in the U.S.A. Going Up BIG Time.
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December 17, 2012 at 7:30 pm #168387
puravidatexan
MemberSpoken like a true Socialist. Just add a few government takeovers and kickbacks to the labor unions that supported the candidates and you got a great little system called Marxism.. You probably think Gov’ment Motors and their takeaway from the shareholders to give to the unsustainable union contracts was a good thing. The fact that a working family of 4 living in the U.S. has less expendable income than the non-working family of 4 does not seem to bother you. You enable someone to get unemployment checks for 99 weeks because it’s easier to sit at home. You hand out food and drink (via the Lone Star card), cell phones and free minutes, housing subsidies, free medical care, and the redistributive Earn Income Tax Credit. There may be other benefits as well. My church gives out food, blankets, and coats to all that ask for help. Yes, all of these things could be available on a “safety net” basis, not for the dependency for which they were created. Our Department of the Interior (through the Nat’l Parks Service) places signs “Do not feed the animals. It will lead to a dependency on humans”. The same people are feeding the humans at a record pace through Food Stamps.
The illegitimate birth rates for black kids is around 70%. People are being rewarded for not working. We are ignoring an influx of illegal aliens and “anchor babies”. Poverty level families have 2 cars, cell phones, 2 TVs, and more. We are now approaching 2 generations of the non-working, heads-of-household. I have a student that I offered a job for $8.00/hour for raking leaves and he turned me down. I blamed him for a few days until I found out that his 35 year-old Dad was on disability, but belonged to a Club basketball and football team. The student had no work ethic to relate to. I have hired people for almost 40 years. It is now unusual to find someone to work an unskilled job for minimum wage. This is the main reason that I have sold out my degree and my business, to work in a government school. I do have my roots and I never complain about my teacher pay. I’ve endured 25 years of payroll taxes, unemployment taxes, workman’s comp, and health insurance costs. I’m definitely not a good enough business man to overcome these obstacles. I now get a 2 week Christmas vacation, a Spring Break, and almost 3 months off in the summer to get my work done and see the beautiful country of Costa Rica.
For those of you that are living the dream in CR, I envy you, but I can’t close my eyes to the problems in the States like you can. Many of my students are dressed in designer clothes and tennis shoes. They have unwed parents and one of my group has a “baby momma” in the 8th grade. They have iphones, flat screen TVs, and nice cars. Ugly, but expensive and totally unnecessary tattoos adorn them; even though they have to cover them up at school.
Perhaps you might read some of my favorite black Conservative writers like Thomas Sowell, Walter Williams, Ken Blackwell, and Star Parker. Marco Rubio and Sen. Ted Cruz (TX) are my latest heroes to come to forefront, as the old, white men are too busy playing golf with the President. These Conservatives have their roots in work ethics, racial problems, and the American Dream and will perhaps lead some out of the wilderness. Or you chose to ignore them. “Don’t confuse me with the facts—my mind is made up!”
I’m leaving you today with a quote from Margaret Thatcher – “The problem with socialism is that you eventually run out of other people’s money. “December 17, 2012 at 8:39 pm #168388Kwhite1
Member[quote=”puravidatexan”]Spoken like a true Socialist. Just add a few government takeovers and kickbacks to the labor unions that supported the candidates and you got a great little system called Marxism.. You probably think Gov’ment Motors and their takeaway from the shareholders to give to the unsustainable union contracts was a good thing. The fact that a working family of 4 living in the U.S. has less expendable income than the non-working family of 4 does not seem to bother you. You enable someone to get unemployment checks for 99 weeks because it’s easier to sit at home. You hand out food and drink (via the Lone Star card), cell phones and free minutes, housing subsidies, free medical care, and the redistributive Earn Income Tax Credit. There may be other benefits as well. My church gives out food, blankets, and coats to all that ask for help. Yes, all of these things could be available on a “safety net” basis, not for the dependency for which they were created. Our Department of the Interior (through the Nat’l Parks Service) places signs “Do not feed the animals. It will lead to a dependency on humans”. The same people are feeding the humans at a record pace through Food Stamps.
The illegitimate birth rates for black kids is around 70%. People are being rewarded for not working. We are ignoring an influx of illegal aliens and “anchor babies”. Poverty level families have 2 cars, cell phones, 2 TVs, and more. We are now approaching 2 generations of the non-working, heads-of-household. I have a student that I offered a job for $8.00/hour for raking leaves and he turned me down. I blamed him for a few days until I found out that his 35 year-old Dad was on disability, but belonged to a Club basketball and football team. The student had no work ethic to relate to. I have hired people for almost 40 years. It is now unusual to find someone to work an unskilled job for minimum wage. This is the main reason that I have sold out my degree and my business, to work in a government school. I do have my roots and I never complain about my teacher pay. I’ve endured 25 years of payroll taxes, unemployment taxes, workman’s comp, and health insurance costs. I’m definitely not a good enough business man to overcome these obstacles. I now get a 2 week Christmas vacation, a Spring Break, and almost 3 months off in the summer to get my work done and see the beautiful country of Costa Rica.
For those of you that are living the dream in CR, I envy you, but I can’t close my eyes to the problems in the States like you can. Many of my students are dressed in designer clothes and tennis shoes. They have unwed parents and one of my group has a “baby momma” in the 8th grade. They have iphones, flat screen TVs, and nice cars. Ugly, but expensive and totally unnecessary tattoos adorn them; even though they have to cover them up at school.
Perhaps you might read some of my favorite black Conservative writers like Thomas Sowell, Walter Williams, Ken Blackwell, and Star Parker. Marco Rubio and Sen. Ted Cruz (TX) are my latest heroes to come to forefront, as the old, white men are too busy playing golf with the President. These Conservatives have their roots in work ethics, racial problems, and the American Dream and will perhaps lead some out of the wilderness. Or you chose to ignore them. “Don’t confuse me with the facts—my mind is made up!”
I’m leaving you today with a quote from Margaret Thatcher – “The problem with socialism is that you eventually run out of other people’s money. “
[/quote]If there was a like button, I would have hit it until it broke.
You touched a main point there about the work ethic, I equate that to no moral compass anymore. No one is accountable for their actions anymore, burn yourself with hot coffee get $10 million dollars, the coffee is hot stupid! Murder 2 people, get off because of good lawyers. Someone offends you, sue them! Take away someones right because it does not “mix” with your beliefs. Break the law?, get a slap on the hand because daddy didn’t hug you when your where 2.
The government is no better, they are not accountable for justification of taking your money. I’ll step down of my box now, thank you for shopping at Kamrt.
December 19, 2012 at 3:26 pm #168389camby
Member[quote=”barbara ann”]The tax is fair if you believe in free stuff for every American and are one of them., If you are someone that goes to work every day most of your life and does not have your hand out for freebies………….NO IT IS NOT FAIR[/quote]
to an extent, true, but consider that most, if not all, receipants of Social security after 5 yrs are takers…..add up what you put into SSA over the yrs, plus the meager interest and then, your monthly SSA checks. You will find in 5 or so yrs, you start getting far more then you put in and that does not incldue Medicare or an other beenies.
Oddly, no one on SSA, esp our “conservatives”, who retired, watch Fox “News” and listen to Limbaugh-none of them are giving back those checks at year 6.nor refusing to use Medicare, nor lobby for it not be be automatically prime insurance.
Further, some move to and rave about, other nations “socialist” health plans, low costs (partially paid for by those now year 6 stolen-money checks) and other beenies on living, rent, utilities, bus passes, movie tickets,etc,etc.
December 19, 2012 at 3:29 pm #168390camby
Member[quote=”puravidatexan”]Spoken like a true Socialist. [/quote]
guess then, you wont by moving to Costa Rica-or most/all of Central and South AMerica…nor Europe……
and thanks for GW Bush, that 43% of increase in non-military govt spending ion his first 4 yrs alone was great for the national debt…..plus add in a few NWO wars for hegemony and also, corporate AMerica, who benefits greatly from size, access and bailouts (started under GW)
Thatcher was a typical Brit “conservative” of her era, missing the days of the White Mans Burden Empire……
December 19, 2012 at 3:32 pm #168391camby
Member[quote=”kwhite1″][quote=”puravidatexan”]Spoken like a true Socialist. Just add a few government takeovers and kickbacks to the labor unions that supported the candidates and you got a great little system called Marxism.. You probably think Gov’ment Motors and their takeaway from the shareholders to give to the unsustainable union contracts was a good thing. The fact that a working family of 4 living in the U.S. has less expendable income than the non-working family of 4 does not seem to bother you. You enable someone to get unemployment checks for 99 weeks because it’s easier to sit at home. You hand out food and drink (via the Lone Star card), cell phones and free minutes, housing subsidies, free medical care, and the redistributive Earn Income Tax Credit. There may be other benefits as well. My church gives out food, blankets, and coats to all that ask for help. Yes, all of these things could be available on a “safety net” basis, not for the dependency for which they were created. Our Department of the Interior (through the Nat’l Parks Service) places signs “Do not feed the animals. It will lead to a dependency on humans”. The same people are feeding the humans at a record pace through Food Stamps.
The illegitimate birth rates for black kids is around 70%. People are being rewarded for not working. We are ignoring an influx of illegal aliens and “anchor babies”. Poverty level families have 2 cars, cell phones, 2 TVs, and more. We are now approaching 2 generations of the non-working, heads-of-household. I have a student that I offered a job for $8.00/hour for raking leaves and he turned me down. I blamed him for a few days until I found out that his 35 year-old Dad was on disability, but belonged to a Club basketball and football team. The student had no work ethic to relate to. I have hired people for almost 40 years. It is now unusual to find someone to work an unskilled job for minimum wage. This is the main reason that I have sold out my degree and my business, to work in a government school. I do have my roots and I never complain about my teacher pay. I’ve endured 25 years of payroll taxes, unemployment taxes, workman’s comp, and health insurance costs. I’m definitely not a good enough business man to overcome these obstacles. I now get a 2 week Christmas vacation, a Spring Break, and almost 3 months off in the summer to get my work done and see the beautiful country of Costa Rica.
For those of you that are living the dream in CR, I envy you, but I can’t close my eyes to the problems in the States like you can. Many of my students are dressed in designer clothes and tennis shoes. They have unwed parents and one of my group has a “baby momma” in the 8th grade. They have iphones, flat screen TVs, and nice cars. Ugly, but expensive and totally unnecessary tattoos adorn them; even though they have to cover them up at school.
Perhaps you might read some of my favorite black Conservative writers like Thomas Sowell, Walter Williams, Ken Blackwell, and Star Parker. Marco Rubio and Sen. Ted Cruz (TX) are my latest heroes to come to forefront, as the old, white men are too busy playing golf with the President. These Conservatives have their roots in work ethics, racial problems, and the American Dream and will perhaps lead some out of the wilderness. Or you chose to ignore them. “Don’t confuse me with the facts—my mind is made up!”
I’m leaving you today with a quote from Margaret Thatcher – “The problem with socialism is that you eventually run out of other people’s money. “
[/quote]If there was a like button, I would have hit it until it broke.
You touched a main point there about the work ethic, I equate that to no moral compass anymore. No one is accountable for their actions anymore, burn yourself with hot coffee get $10 million dollars, the coffee is hot stupid! Murder 2 people, get off because of good lawyers. Someone offends you, sue them! Take away someones right because it does not “mix” with your beliefs. Break the law?, get a slap on the hand because daddy didn’t hug you when your where 2.
The government is no better, they are not accountable for justification of taking your money. I’ll step down of my box now, thank you for shopping at Kamrt.[/quote]
I dont read Lew Rockwell writers, nor Keysians either…..
The rest is a typical rant, some truths, some fabrications, some fantasy land that is typical of low thinking, limited thinkers of the Clear Channel/Limbaugh types, smug in their “rightness”, but in the end, equal lemmings as the Democrat/Liberal……2 wings, a false hegalian/marxist construct……..
thanks, you 2, for re-affirming why I want to get out of the USA ASAP……..a dying ship of sheeple easily led……..December 19, 2012 at 3:34 pm #168392camby
Member[quote=”puravidatexan”]Spoken like a true Socialist. Just add a few government takeovers and kickbacks to the labor unions that supported the candidates and you got a great little system called Marxism.. You probably think Gov’ment Motors and their takeaway from the shareholders to give to the unsustainable union contracts was a good thing. The fact that a working family of 4 living in the U.S. has less expendable income than the non-working family of 4 does not seem to bother you. You enable someone to get unemployment checks for 99 weeks because it’s easier to sit at home. You hand out food and drink (via the Lone Star card), cell phones and free minutes, housing subsidies, free medical care, and the redistributive Earn Income Tax Credit. There may be other benefits as well. My church gives out food, blankets, and coats to all that ask for help. Yes, all of these things could be available on a “safety net” basis, not for the dependency for which they were created. Our Department of the Interior (through the Nat’l Parks Service) places signs “Do not feed the animals. It will lead to a dependency on humans”. The same people are feeding the humans at a record pace through Food Stamps.
The illegitimate birth rates for black kids is around 70%. People are being rewarded for not working. We are ignoring an influx of illegal aliens and “anchor babies”. Poverty level families have 2 cars, cell phones, 2 TVs, and more. We are now approaching 2 generations of the non-working, heads-of-household. I have a student that I offered a job for $8.00/hour for raking leaves and he turned me down. I blamed him for a few days until I found out that his 35 year-old Dad was on disability, but belonged to a Club basketball and football team. The student had no work ethic to relate to. I have hired people for almost 40 years. It is now unusual to find someone to work an unskilled job for minimum wage. This is the main reason that I have sold out my degree and my business, to work in a government school. I do have my roots and I never complain about my teacher pay. I’ve endured 25 years of payroll taxes, unemployment taxes, workman’s comp, and health insurance costs. I’m definitely not a good enough business man to overcome these obstacles. I now get a 2 week Christmas vacation, a Spring Break, and almost 3 months off in the summer to get my work done and see the beautiful country of Costa Rica.
For those of you that are living the dream in CR, I envy you, but I can’t close my eyes to the problems in the States like you can. Many of my students are dressed in designer clothes and tennis shoes. They have unwed parents and one of my group has a “baby momma” in the 8th grade. They have iphones, flat screen TVs, and nice cars. Ugly, but expensive and totally unnecessary tattoos adorn them; even though they have to cover them up at school.
Perhaps you might read some of my favorite black Conservative writers like Thomas Sowell, Walter Williams, Ken Blackwell, and Star Parker. Marco Rubio and Sen. Ted Cruz (TX) are my latest heroes to come to forefront, as the old, white men are too busy playing golf with the President. These Conservatives have their roots in work ethics, racial problems, and the American Dream and will perhaps lead some out of the wilderness. Or you chose to ignore them. “Don’t confuse me with the facts—my mind is made up!”
I’m leaving you today with a quote from Margaret Thatcher – “The problem with socialism is that you eventually run out of other people’s money. “
[/quote]your heroes are provided to you by the establishment as a false choice-Rubio as a Bilderberger and a neocon…..thanks for throwing them in to tryto prove there is no racism, a few blacks and hispanics thrown in…..let me guess, and you wasted time at a few tea Party rallies, too? a false, neocon controlled front that you likely buy into?
December 19, 2012 at 3:35 pm #168393camby
Member[quote=”DavidCMurray”]First off, there are plenty more givers than takers and, for their sometimes greater investments (and sometimes not) the givers get a lot more than the takers. Just look at Scott’s corporate negative income tax data. Those companies are hardly unique.
Second, if there are “documented cases” of those you characterize as “takers” making more than the average business owner, please provide the documentation. I’m just dying to hear about the average business owners you can point to who are forced to live on a Food Stamp budget and haven’t the resources to be able to access medical care. How many of these average business owners are living without heat. Please name them.
Further, when you characterize someone as a “giver” rather than as a “taker”, are you accounting for the public support those “givers” receive? When a corporation receives billions in negative tax payments and pays nothing, does that make the a “giver” or a “taker”?[/quote]
some biggesttakers are corporate America….a lot of cheap to no taxes and land, perks, access,etc….WalMart/Waltons anyone?
December 19, 2012 at 3:37 pm #168394camby
Member[quote=”davidd”][quote=”Scott”]In case you missed this….
Starting January 1st, 2013, the estate tax law will change dramatically!
Right now, the estate tax is 35% of any assets over $5.12M but on the 1st January 2013, the estate tax goes to 55% of any assets over $1M which is clearly a [b]GINORMOUS[/b] increase.
If you have these kinds of assets you have precious little time to ‘try’ and move them into a legitimate tax advantaged structure like an offshore trust or foundation.
You would still be liable for taxes on the income generated but, once the assets are inside, they can grow estate tax free forever.
Do you think the estate tax is far?
Would love to know ….
Scott
[/quote]oh yea.. like all the taxes in the U.S. they are fair and balanced.
a friend of mine just lost his job yesterday.
he makes $100,000 a year. they gave him 6 months severence, plus his year end bonus of $30,000
so he got one lump check today for [b]$80,000 [/b]
oh wait. that was his gross
lets break it down
that lump sump with all the fair and balanced taxes that the U.S. has
[b]40%[/b] was taken out all together ( round out numbers)
[b]-$32000[/b]
balance $48,000
his wife alimoney ( what the heck is this???)
25% of his gross after FICA
-$17,5000
balance $30,500
and this is what he is left for to fend for himself.
if you take in all the taxes you still have to pay after your net income
gas tax
property tax
school tax
homeland security tax
obama phone taxthe list goes on and on and on
etc etc etcyour left in a fetal position with your thumb in your mouth like in that movie the fly
help me… help me..
your probbaly paying 60% taxes by the time your done.
so the tax system is probably the most fair in the world :lol::lol::lol::lol::lol::lol:
I would tell them to take the check and stick it up the buts and
go on welfare, foodstamps, disability..ooohoooo my back hurts.. obama phone and sell stuff on ebay for cash
[/quote]
meta guy this weekend, nuclear engineer with 2 kids in college, one in Hs…has 28 yrs in, hsi company mergered (so much for anti-trust laws) and he is deeply worried he will be put out to pasture before they have to pay him retirment….
December 19, 2012 at 3:43 pm #168395camby
Member[quote=”maravilla”]the secret millionaire concept has always been my motto. flashy wealth makes you a target for all kinds of unscrupulous people who would like to separate you from your assets. and it doesn’t matter where in the world you live. but you are right; wealth gives you those privileges. i guess the trick is to give it all away just before you croak so nobody has to pay taxes!!![/quote]
True, if God grants wealth, it is to be used not of flashy, look at me crappola and a 3r yacht……money is to be at the service of man, not in control, nor as a end. ALso, flashy gets one robbed a lot…..
Interesting how many Church Fathers wrote about wealth, and the responsibilities it brings-not for flashy Things…..St. Thomas Aquinas wrote that greed is limitless and destroys the soul, family, nation,etc……December 19, 2012 at 3:50 pm #168396camby
Member[quote=”bogino”]I like Andrew Napolitano’s concept about taxation: “Taxation is [b]THEFT[/b]”.[/quote]
some is, some is not…….there are limits in the law and in morality…..
December 19, 2012 at 3:57 pm #168397camby
Member[quote=”sprite”]Especially comforting knowing that the IRS is not even a part of the US government. It is a private company which collects taxes which go to foreign banks.[/quote]
IRS is an illegal, unconstitutional agency, Federal Reserve is a private banking estblishment, that for last 100 yrs, the GOp and Dems both have kept alive and w/tentacles in our lives…
December 19, 2012 at 4:04 pm #168398camby
Member[quote=”Scott”]In case you missed this….
Starting January 1st, 2013, the estate tax law will change dramatically!
Right now, the estate tax is 35% of any assets over $5.12M but on the 1st January 2013, the estate tax goes to 55% of any assets over $1M which is clearly a [b]GINORMOUS[/b] increase.
If you have these kinds of assets you have precious little time to ‘try’ and move them into a legitimate tax advantaged structure like an offshore trust or foundation.
You would still be liable for taxes on the income generated but, once the assets are inside, they can grow estate tax free forever.
Do you think the estate tax is far?
Would love to know ….
Scott
[/quote]we are still, thanks to fantasyland dwelling realtives, still trying to seel that damn last portion of land we own and be done with it.
December 19, 2012 at 4:16 pm #168399Kwhite1
Member[quote=”camby”][quote=”sprite”]Especially comforting knowing that the IRS is not even a part of the US government. It is a private company which collects taxes which go to foreign banks.[/quote]
IRS is an illegal, unconstitutional agency, Federal Reserve is a private banking estblishment, that for last 100 yrs, the GOp and Dems both have kept alive and w/tentacles in our lives…[/quote]
Camby, it is true that the IRS is unconstitutional, that whole taxation without representation thing.
The cold hard reality is that the IRS is a force to be reckoned with, don’t pay your taxes and see what happens. Jail, plain and simple, and that does not “erase” your debt to them. The only true way to get out of the reach from the IRS is to renounce your citizenship, by the way you cannot do until the IRS signs off on that, proving that you do not owe any more $. At the conclusion they will asses all of your belongings and tax you one final time, then you can renouce. SOunds fun huh?
December 19, 2012 at 4:20 pm #168400pharg
Participant[quote=”camby”][quote=”sprite”]Especially comforting knowing that the IRS is not even a part of the US government. It is a private company which collects taxes which go to foreign banks.[/quote]
IRS is an illegal, unconstitutional agency, Federal Reserve is a private banking estblishment, that for last 100 yrs, the GOp and Dems both have kept alive and w/tentacles in our lives…[/quote]Without mentioning any names, methinks there are some members of this forum who appear to be reincarnations of the late great George Carlin.
[go to YouTube, hunt for “George Carlin – Why You are in Debt”]December 19, 2012 at 4:21 pm #168401davidd
Member[quote=”camby”][quote=”maravilla”][/quote]
True, if God grants wealth, it is to be used not of flashy, look at me crappola and a 3r yacht……money is to be at the service of man, not in control, nor as a end. ALso, flashy gets one robbed a lot…..
Interesting how many Church Fathers wrote about wealth, and the responsibilities it brings-not for flashy Things…..St. Thomas Aquinas wrote that greed is limitless and destroys the soul, family, nation,etc……[/quote]camby
your comment on money sounds really wonderful.. if we lived in a perfect world
but its not
MONEY in our current society is all about options as money can buy you the best
legal
healthcare
foodetc
I agree with the stupidity of people that have been brainwashed that buy these exorbitant items
but i respect the idea that its there money and they can do what they want
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