The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > General Discussion > Inheritance tax

Inheritance tax

  1. Pages:
  2. Page 1
  3. 2
  4. 3
  5. 4
  6. All
Is it fair that someone is born into a filthy rich family, and once their parents die, are left with tens of millions, millions they had little or nothing to do with.

Personally, I know at least three families where the siblings will share in excess of one hundred million.

Although i think we have enpough taxes, Is it time to revisit this tax, and implement it when any one person inherits in excess of say $500,000, with the proceeds of the tax ONLY going towards local welfare and nothing else, ever!
Posted by rehctub, Monday, 16 December 2013 8:52:10 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
rehctub,
Yeah, when a Government dies the ministers inherit massive pensions. Is that fair ? Considering the money is not of their making ?
Posted by individual, Tuesday, 17 December 2013 6:33:17 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
In most countries people are allowed to dispose of their assets and property as they want to, even after death parents are allowed to give any amount of their money to their children. But rehctub wants to deny that freedom, in his country if you die your house and property will be seized by the State to fund rehctub and his fellow rulers.
Posted by Daeron, Tuesday, 17 December 2013 7:12:19 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Sorry mate, the filthy rich will always dodge the tax that you and I will pay.
Posted by JBowyer, Tuesday, 17 December 2013 7:36:12 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Australian culture is changing for the worse in some respects. It is not so long ago that looking over one's neighbour's fence was regarded as very bad taste, and it was reprehensible to indulge in speculative gossip about their presumed assets and how they might be distributed. Jealousy was a sin and jealousy of others' money and assets was worse.

Rather than go along with it, people should be asking what the spruikers of class war get out of the anger and disunity they foster. Divide and conquer.
Posted by onthebeach, Tuesday, 17 December 2013 9:21:22 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Sorry rehctub, that doesn't work for me.

Why on earth should someone's wealth be wasted on the mostly layabouts that would collect the welfare. You're worried someone, who hasn't worked for it should be given the wealth, & you want to give it to a bunch, so many of whom have never worked for anything. That should increase the single mother population enormously.

I also know of many young of wealthy families, particularly on the land, who have worked on the family property all their lives, for very little income. They often are the only reason the farm survives financially. You should know that many are land rich, but cash poor.

Unless this passing down of the family farm continues we would end up with all corporate farming, probably owned by Coles or Woolworths
Posted by Hasbeen, Tuesday, 17 December 2013 9:34:14 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. 2
  4. 3
  5. 4
  6. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy