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Happy Panther

2013 will be a bad year to die.

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Darth Biscuit    12,579

So basically what you guys are saying is that you don't care how the government taxes everyone or how much we are taxed, it's all good... right?

Yes

Yes clearly that's what supporting a compromise of a 45% tax rate on anything above $3-4 million implies: Complete blind and slavish loyalty to the IRS.

Hey, I asked and you answered yes... now you want to go putting qualifiers on your answer?

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Darth Biscuit    12,579

Does anyone have a counter argument that doesn't involve slamming the door and squelching the tires as you leave?

What exactly is there to argue? You're fine with whatever taxes the gov't comes up with. We're not. Pretty much the end of the story.

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Happy Panther    3,997

Does anyone have a counter argument that doesn't involve slamming the door and squelching the tires as you leave?

Not sure what the postulate was but 45% above $4M is miles better than 55% above $1M.

But 45% is still a hell of a punitive tax against "rich" people. If I ever have that much I would gladly spend up to the tax rate to avoid paying the government.

And I don't buy this argument that it helps avoid dynasties.

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Kurb    4,984

Basically our resident Occupy guy deserves other families wealth and dislikes those who have done well for themselves.

Del, my problem with this lies mainly in small farms and family lands. Big difference in taking 45% of 1 million and 45% of 200 million.

Also I feel this is over taxing income, but on that we disagree on a fundamental level.

Lets go to the draft forum, we love each other there.

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Kurb    4,984

Taxing 55 over a million is unlikely to affect family farms. 45 over 3-4 million won't affect any.

Is this straight cash or assets?

NC farmers can EASILY reach 3 million in combined assets.

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thefuzz    4,226

Taxing 55 over a million is unlikely to affect family farms. 45 over 3-4 million won't affect any.

You have absolutely no idea what you are talking about.

Many many farms in NC go over that amount.

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