https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new job numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess spending.
This statement may bite him in the arse come Presidential election...
since the economy is likely to crash before that with the higher Fed rates.
Trump may have a great slogan in his campaign next year with "It's no accident. It's Bidenomics".
On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new job numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess spending.
This statement may bite him in the arse come Presidential election... since the economy is likely to crash before that with the higher Fed rates.
Trump may have a great slogan in his campaign next year with "It's no accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote:
On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new job numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting against Fed which has to raise rates to fight the effects of excess spending.
This statement may bite him in the arse come Presidential election... since the economy is likely to crash before that with the higher Fed rates.
Trump may have a great slogan in his campaign next year with "It's no accident. It's Bidenomics".
This is what I talked about few days back.I don't have kids or grandkids, so I'll just borrow from the future of yours.
We have been borrowing from our kids' future and grand kids' as well.
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote:
On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new job >>>> numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess
spending.
This statement may bite him in the arse come Presidential election...
since the economy is likely to crash before that with the higher Fed rates.
Trump may have a great slogan in his campaign next year with "It's no
accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
I don't have kids or grandkids, so I'll just borrow from the future of yours.
Pass some generation wealth, and I promise I won't talk "aging" any more :)
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:ginormous with all the money printing.
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote:
On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new job >>>> numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess >>>> spending.
This statement may bite him in the arse come Presidential election... >>>> since the economy is likely to crash before that with the higher Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>> accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well. Yep, the way US economy works it's probably not sustainable in long run. Having "world currency" helps. Otherwise the inflation could be
HahahaI don't have kids or grandkids, so I'll just borrow from the future of yours.
Pass some generation wealth, and I promise I won't talk "aging" any more :)Yep, he should make a will to PeteWasLucky family. After all Gracs is practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on Finnish discussion forums by socialists - apparently one shouldn't inherit at
all... it's "unfair" and adds to "inequality". One hasn't done anything
to "deserve" it. So inheritances should all go to the state, to be
spread between our next generation of immigrants. Or at the very least
taxes should be significantly higher.
Thatcher on socialism...
https://youtube.com/shorts/V1c-sF8a3DQ?si=zCqBJKdeVbd4OUvK
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote:
On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new job >>>>> numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess
spending.
This statement may bite him in the arse come Presidential election... >>>>> since the economy is likely to crash before that with the higher
Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>> accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
Yep, the way US economy works it's probably not sustainable in long run. Having "world currency" helps. Otherwise the inflation could be
ginormous with all the money printing.
I don't have kids or grandkids, so I'll just borrow from the future
of yours.
Hahaha
Pass some generation wealth, and I promise I won't talk "aging" any
more :)
Yep, he should make a will to PeteWasLucky family. After all Gracs is practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on Finnish discussion forums by socialists - apparently one shouldn't inherit at
all... it's "unfair" and adds to "inequality". One hasn't done anything
to "deserve" it. So inheritances should all go to the state, to be
spread between our next generation of immigrants. Or at the very least
taxes should be significantly higher.
On 7.10.2023 10.07, TT wrote:
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote: >>>>> On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new >>>>>> job
numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess >>>>>> spending.
This statement may bite him in the arse come Presidential election... >>>>>> since the economy is likely to crash before that with the higher
Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>>> accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
Yep, the way US economy works it's probably not sustainable in long run.
Having "world currency" helps. Otherwise the inflation could be
ginormous with all the money printing.
I don't have kids or grandkids, so I'll just borrow from the future
of yours.
Hahaha
Pass some generation wealth, and I promise I won't talk "aging" any
more :)
Yep, he should make a will to PeteWasLucky family. After all Gracs is
practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on
Finnish discussion forums by socialists - apparently one shouldn't
inherit at all... it's "unfair" and adds to "inequality". One hasn't
done anything to "deserve" it. So inheritances should all go to the
state, to be spread between our next generation of immigrants. Or at
the very least taxes should be significantly higher.
Looks like the tax on Tiny's inheritance is due.
On Saturday, 7 October 2023 at 08:08:01 UTC+1, TT wrote:
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:she also said "the pursuit of equality(equity) itself is a mirage, we should pursue equality of opportunity", which is totally is, she was a genius, just think she said this stuff 40 years ago.
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:Yep, the way US economy works it's probably not sustainable in long run.
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote: >>>>> On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20This is what I talked about few days back.
...Biden taking all credit to himself for higher than expected new job >>>>>> numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess >>>>>> spending.
This statement may bite him in the arse come Presidential election... >>>>>> since the economy is likely to crash before that with the higher Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>>> accident. It's Bidenomics".
We have been borrowing from our kids' future and grand kids' as well.
Having "world currency" helps. Otherwise the inflation could be
ginormous with all the money printing.
HahahaI don't have kids or grandkids, so I'll just borrow from the future of yours.
Pass some generation wealth, and I promise I won't talk "aging" any more :) >> Yep, he should make a will to PeteWasLucky family. After all Gracs ispractically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on Finnish
discussion forums by socialists - apparently one shouldn't inherit at
all... it's "unfair" and adds to "inequality". One hasn't done anything
to "deserve" it. So inheritances should all go to the state, to be
spread between our next generation of immigrants. Or at the very least
taxes should be significantly higher.
Thatcher on socialism...
https://youtube.com/shorts/V1c-sF8a3DQ?si=zCqBJKdeVbd4OUvK
Pelle Svanslös kirjoitti 7.10.2023 klo 11.49:
On 7.10.2023 10.07, TT wrote:
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote: >>>>>> On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected
new job
numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no >>>>>>> tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting >>>>>>> against Fed which has to raise rates to fight the effects of excess >>>>>>> spending.
This statement may bite him in the arse come Presidential
election...
since the economy is likely to crash before that with the higher >>>>>>> Fed rates.
Trump may have a great slogan in his campaign next year with
"It's no
accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as
well.
Yep, the way US economy works it's probably not sustainable in long
run.
Having "world currency" helps. Otherwise the inflation could be
ginormous with all the money printing.
I don't have kids or grandkids, so I'll just borrow from the
future of yours.
Hahaha
Pass some generation wealth, and I promise I won't talk "aging" any
more :)
Yep, he should make a will to PeteWasLucky family. After all Gracs
is practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping
inheritance tax, which will remain just talk. There's a strong
objection on Finnish discussion forums by socialists - apparently
one shouldn't inherit at all... it's "unfair" and adds to
"inequality". One hasn't done anything to "deserve" it. So
inheritances should all go to the state, to be spread between our
next generation of immigrants. Or at the very least taxes should be
significantly higher.
Looks like the tax on Tiny's inheritance is due.
Sooner than your reparations, that's for sure.
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:In the case of the US it can probably continue this way so long as the
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote:
On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new
job
numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess
spending.
This statement may bite him in the arse come Presidential election... >>>>> since the economy is likely to crash before that with the higher
Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>> accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
Yep, the way US economy works it's probably not sustainable in long run. Having "world currency" helps. Otherwise the inflation could be
ginormous with all the money printing.
I don't have kids or grandkids, so I'll just borrow from the future
of yours.
Hahaha
Pass some generation wealth, and I promise I won't talk "aging" any
more :)
Yep, he should make a will to PeteWasLucky family. After all Gracs is practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on
Finnish discussion forums by socialists - apparently one shouldn't
inherit at all... it's "unfair" and adds to "inequality". One hasn't
done anything to "deserve" it. So inheritances should all go to the
state, to be spread between our next generation of immigrants. Or at
the very least taxes should be significantly higher.
Thatcher on socialism...
https://youtube.com/shorts/V1c-sF8a3DQ?si=zCqBJKdeVbd4OUvK
On 10/7/23 12:07 AM, TT wrote:
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:In the case of the US it can probably continue this way so long as the
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote: >>>>> On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new >>>>>> job
numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting
against Fed which has to raise rates to fight the effects of excess >>>>>> spending.
This statement may bite him in the arse come Presidential election... >>>>>> since the economy is likely to crash before that with the higher
Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>>> accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
Yep, the way US economy works it's probably not sustainable in long run.
Having "world currency" helps. Otherwise the inflation could be
ginormous with all the money printing.
US currency is viewed as the de facto trading currency. Because it is perceived as a relatively "safe haven currency" as compared to all other national currencies simply by world economic momentum it continues along
in this role, and the wily political leadership here knows that it can continue to issue dole chits, euphemistically described as "emergency
rent assistance", free lunch (and in some cases, breakfast, for school
kids, unwarranted tax breaks to favored groups, etc.
I don't have kids or grandkids, so I'll just borrow from the future
of yours.
Hahaha
You know, though, I *do* have a kid, but I've never really gotten all
weepy over what kind of a world they'll have after my lifetime. They
need to figure it out, just as every previous generation has.
If they can't or won't, they're pretty puny.
Pass some generation wealth, and I promise I won't talk "aging" any
more :)
Yep, he should make a will to PeteWasLucky family. After all Gracs is
practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on
Finnish discussion forums by socialists - apparently one shouldn't
inherit at all... it's "unfair" and adds to "inequality". One hasn't
done anything to "deserve" it. So inheritances should all go to the
state, to be spread between our next generation of immigrants. Or at
the very least taxes should be significantly higher.
Thatcher on socialism...
https://youtube.com/shorts/V1c-sF8a3DQ?si=zCqBJKdeVbd4OUvK
There's both state and federal inheritance tax here in the US. It is
kinda window-dressing, since it is relatively easy to minimize, or even
to defeat. The intent is to pay lip service the demands for
redistribution of private assets, which--we must face it--is just about everyone who has no personal assets to speak of.
In the US, that's a lot of people. So by having an inheritance tax on
the books, it rhetorically taxes the wind out of their sails.
On 10/7/23 12:07 AM, TT wrote:
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote: >>>> On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20
...Biden taking all credit to himself for higher than expected new >>>>> job
numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no
tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting >>>>> against Fed which has to raise rates to fight the effects of excess >>>>> spending.
This statement may bite him in the arse come Presidential election... >>>>> since the economy is likely to crash before that with the higher
Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>> accident. It's Bidenomics".
This is what I talked about few days back.
We have been borrowing from our kids' future and grand kids' as well.
Yep, the way US economy works it's probably not sustainable in long run. Having "world currency" helps. Otherwise the inflation could beIn the case of the US it can probably continue this way so long as the
ginormous with all the money printing.
US currency is viewed as the de facto trading currency. Because it is perceived as a relatively "safe haven currency" as compared to all other national currencies simply by world economic momentum it continues along
in this role, and the wily political leadership here knows that it can continue to issue dole chits, euphemistically described as "emergency
rent assistance", free lunch (and in some cases, breakfast, for school
kids, unwarranted tax breaks to favored groups, etc.
I don't have kids or grandkids, so I'll just borrow from the future
of yours.
HahahaYou know, though, I *do* have a kid, but I've never really gotten all
weepy over what kind of a world they'll have after my lifetime. They
need to figure it out, just as every previous generation has.
If they can't or won't, they're pretty puny.
Pass some generation wealth, and I promise I won't talk "aging" any
more :)
Yep, he should make a will to PeteWasLucky family. After all Gracs is practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on
Finnish discussion forums by socialists - apparently one shouldn't
inherit at all... it's "unfair" and adds to "inequality". One hasn't
done anything to "deserve" it. So inheritances should all go to the
state, to be spread between our next generation of immigrants. Or at
the very least taxes should be significantly higher.
Thatcher on socialism...
https://youtube.com/shorts/V1c-sF8a3DQ?si=zCqBJKdeVbd4OUvKThere's both state and federal inheritance tax here in the US. It is
kinda window-dressing, since it is relatively easy to minimize, or even
to defeat. The intent is to pay lip service the demands for
redistribution of private assets, which--we must face it--is just about everyone who has no personal assets to speak of.
In the US, that's a lot of people. So by having an inheritance tax on
the books, it rhetorically taxes the wind out of their sails.
-- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ "Those whom the gods wish to destroy, they first make Woke."
--Sawfish ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
On Saturday, October 7, 2023 at 12:25:05 PM UTC-4, Sawfish wrote:Terrific!
On 10/7/23 12:07 AM, TT wrote:I actually agree and wasn't happy to hear it even this child is doing great with better pay than mine being in the same industry for more than 30 years.
PeteWasLucky kirjoitti 7.10.2023 klo 2.27:In the case of the US it can probably continue this way so long as the
On Friday, October 6, 2023 at 7:17:15 PM UTC-4, Gracchus wrote:ginormous with all the money printing.
On Friday, October 6, 2023 at 4:13:18 PM UTC-7, PeteWasLucky wrote: >>>>>> On Friday, October 6, 2023 at 4:37:08 PM UTC-4, TT wrote:
https://x.com/CNBC/status/1710366365771501596?s=20This is what I talked about few days back.
...Biden taking all credit to himself for higher than expected new >>>>>>> job
numbers.
FFS...
First, large part of those new jobs are government hiring, 73k.
Second, Biden is spending money USA doesn't have like there's no >>>>>>> tomorrow. That's apparently what Bidenomics means.
That of course raises US debt & inflation. Bidenomics is fighting >>>>>>> against Fed which has to raise rates to fight the effects of excess >>>>>>> spending.
This statement may bite him in the arse come Presidential election... >>>>>>> since the economy is likely to crash before that with the higher >>>>>>> Fed rates.
Trump may have a great slogan in his campaign next year with "It's no >>>>>>> accident. It's Bidenomics".
We have been borrowing from our kids' future and grand kids' as well. >>> Yep, the way US economy works it's probably not sustainable in long run. >>> Having "world currency" helps. Otherwise the inflation could be
US currency is viewed as the de facto trading currency. Because it is
perceived as a relatively "safe haven currency" as compared to all other
national currencies simply by world economic momentum it continues along
in this role, and the wily political leadership here knows that it can
continue to issue dole chits, euphemistically described as "emergency
rent assistance", free lunch (and in some cases, breakfast, for school
kids, unwarranted tax breaks to favored groups, etc.
You know, though, I *do* have a kid, but I've never really gotten all
HahahaI don't have kids or grandkids, so I'll just borrow from the future
of yours.
weepy over what kind of a world they'll have after my lifetime. They
need to figure it out, just as every previous generation has.
If they can't or won't, they're pretty puny.
The conversation was about the younger boys and their success chances.
I denied it's the case although the numbers show otherwise.
Rent went up too much in Boston area, and almost everywhere, eating close to 50% of income.
There's both state and federal inheritance tax here in the US. It isPass some generation wealth, and I promise I won't talk "aging" anyYep, he should make a will to PeteWasLucky family. After all Gracs is
more :)
practically eating at your kids' dinner table.
This reminds me of recent talk in Finland about scrapping inheritance
tax, which will remain just talk. There's a strong objection on
Finnish discussion forums by socialists - apparently one shouldn't
inherit at all... it's "unfair" and adds to "inequality". One hasn't
done anything to "deserve" it. So inheritances should all go to the
state, to be spread between our next generation of immigrants. Or at
the very least taxes should be significantly higher.
Thatcher on socialism...
https://youtube.com/shorts/V1c-sF8a3DQ?si=zCqBJKdeVbd4OUvK
kinda window-dressing, since it is relatively easy to minimize, or even
to defeat. The intent is to pay lip service the demands for
redistribution of private assets, which--we must face it--is just about
everyone who has no personal assets to speak of.
In the US, that's a lot of people. So by having an inheritance tax on
the books, it rhetorically taxes the wind out of their sails.
--
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >> "Those whom the gods wish to destroy, they first make Woke."
--Sawfish
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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