Current Events > Is inheritance fair?

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JoeRodonExprien 03/03/21 9:56:16 PM #1:	I saw a tweet saying all books should become public domain after 30 years and it descended into authors saying fuck that all their royalties are going to their kids. Is that fair? Should you be rich because one of your parents or grandparents wrote something that made a lot of money, or owned something that made a lot of money? And if so what can we do to prevent it being bad? Inheritance tax? If so, how much? And if you think inheritance is bad and no wealth or asserts should go to descendants what should happen to businesses, property and other assets when the owners die? <cite>JoeRodonExprien posted [p:951312967] in Is inherit... [t:79328771]...</cite> <quote>I saw a tweet saying all books should become public domain after 30 years and it descended into authors saying fuck that all their royalties are going to their kids. Is that fair? Should you be rich because one of your parents or grandparents wrote something that made a lot of money, or owned something that made a lot of money? And if so what can we do to prevent it being bad? Inheritance tax? If so, how much? And if you think inheritance is bad and no wealth or asserts should go to descendants what should happen to businesses, property and other assets when the owners die? </quote> ... Copied to Clipboard!
The_Creep_2020 03/03/21 9:57:29 PM #2:	Is a man not entitled to the sweat of his brow? No, says the cat girl avatar on Twitter, it belongs to everyone. --- Have I carved enough, my Lord? Child, you are a bone <cite>The_Creep_2020 posted [p:951313005] in Is inherit... [t:79328771]...</cite> <quote>Is a man not entitled to the sweat of his brow? No, says the cat girl avatar on Twitter, it belongs to everyone. </quote> ... Copied to Clipboard!
Trumble 03/03/21 9:57:47 PM #3:	For tangible things, it's pretty hard to make it not exist. Those well-off enough will find ways around it. For intangible things like property rights on the other hand, I see no reason for them not to extinguish upon the owner's (/ original creator's, or whatever) death. --- If you think about it, the signature is just the post's ass. <cite>Trumble posted [p:951313012] in Is inherit... [t:79328771]...</cite> <quote>For tangible things, it's pretty hard to make it not exist. Those well-off enough will find ways around it. For intangible things like property rights on the other hand, I see no reason for them not to extinguish upon the owner's (/ original creator's, or whatever) death. </quote> ... Copied to Clipboard!
RebelElite791 03/03/21 9:58:38 PM #4:	The_Creep_2020 posted... Is a man not entitled to the sweat of his brow? No, says the cat girl avatar on Twitter, it belongs to everyone. lmao And yes, it's fair. --- Einsprachigkeit ist heilbar https://imgur.com/MS5SvzN <cite>RebelElite791 posted [p:951313037] in Is inherit... [t:79328771]...</cite> <quote>The_Creep_2020 posted... </cite> <quote>Is a man not entitled to the sweat of his brow? No, says the cat girl avatar on Twitter, it belongs to everyone.</quote>lmao And yes, it's fair. </quote> ... Copied to Clipboard!
R1masher 03/03/21 10:02:09 PM #5:	I work to support my kids, to give them a better life than I... Im sure most of these authors felt the same, after all its their work --- R1R1R1R1R1R1 <cite>R1masher posted [p:951313151] in Is inherit... [t:79328771]...</cite> <quote>I work to support my kids, to give them a better life than I... Im sure most of these authors felt the same, after all its their work </quote> ... Copied to Clipboard!
MedeaLysistrata 03/03/21 10:03:13 PM #6:	I mean if you leave tens of millions to just your 4 kids or whatever, raises some questions --- "Why is ontology so expensive?" - JH [Is this live?][Joyless planet...] <cite>MedeaLysistrata posted [p:951313198] in Is inherit... [t:79328771]...</cite> <quote>I mean if you leave tens of millions to just your 4 kids or whatever, raises some questions </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:05:38 PM #7:	R1masher posted... I work to support my kids, to give them a better life than I... Im sure most of these authors felt the same, after all its their work Is there not a line though? Theres certainly a differ between leaving a modest amount of money or a house for your kids to give them a head start and leaving tens of millions. Being made a multimillionaire because your dad died is different, no? It doesnt have to be millions either. Why should your kids or their kids earn thousands or hundreds of thousands a year because you wrote a popular book. Theyre earning money for nothing. Surely that fucks things. Its not all or nothing. <cite>JoeRodonExprien posted [p:951313284] in Is inherit... [t:79328771]...</cite> <quote>R1masher posted... </cite> <quote>I work to support my kids, to give them a better life than I... Im sure most of these authors felt the same, after all its their work</quote> Is there not a line though? Theres certainly a differ between leaving a modest amount of money or a house for your kids to give them a head start and leaving tens of millions. Being made a multimillionaire because your dad died is different, no? It doesnt have to be millions either. Why should your kids or their kids earn thousands or hundreds of thousands a year because you wrote a popular book. Theyre earning money for nothing. Surely that fucks things. Its not all or nothing. </quote> ... Copied to Clipboard!
MedeaLysistrata 03/03/21 10:07:55 PM #8:	JoeRodonExprien posted... Why should your kids or their kids earn thousands or hundreds of thousands a year because you wrote a popular book. One of the benefits of doing something special like that is benefiting people around you, including family of course Most books don't make a ton of money so this is kinda weird coming from book twitter --- "Why is ontology so expensive?" - JH [Is this live?][Joyless planet...] <cite>MedeaLysistrata posted [p:951313368] in Is inherit... [t:79328771]...</cite> <quote>JoeRodonExprien posted... </cite> <quote>Why should your kids or their kids earn thousands or hundreds of thousands a year because you wrote a popular book.</quote>One of the benefits of doing something special like that is benefiting people around you, including family of course Most books don't make a ton of money so this is kinda weird coming from book twitter </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:08:42 PM #9:	Doesnt have to be a book, just the rights to some intangible. <cite>JoeRodonExprien posted [p:951313390] in Is inherit... [t:79328771]...</cite> <quote>Doesnt have to be a book, just the rights to some intangible. </quote> ... Copied to Clipboard!
MedeaLysistrata 03/03/21 10:09:34 PM #10:	JoeRodonExprien posted... Doesnt have to be a book, just the rights to some intangible. I guess. Lucky for them. Personally I dont care as much if it's an intellectual property since that doesnt depend on labour from as many people. --- "Why is ontology so expensive?" - JH [Is this live?][Joyless planet...] <cite>MedeaLysistrata posted [p:951313411] in Is inherit... [t:79328771]...</cite> <quote>JoeRodonExprien posted... </cite> <quote>Doesnt have to be a book, just the rights to some intangible.</quote>I guess. Lucky for them. Personally I dont care as much if it's an intellectual property since that doesnt depend on labour from as many people. </quote> ... Copied to Clipboard!
The_Creep_2020 03/03/21 10:09:52 PM #11:	MedeaLysistrata posted... I guess. Lucky for them. Personally I dont care as much if it's an intellectual property since that doesnt depend on labour from many people. What about software? --- Have I carved enough, my Lord? Child, you are a bone <cite>The_Creep_2020 posted [p:951313418] in Is inherit... [t:79328771]...</cite> <quote>MedeaLysistrata posted... </cite> <quote>I guess. Lucky for them. Personally I dont care as much if it's an intellectual property since that doesnt depend on labour from many people.</quote> What about software? </quote> ... Copied to Clipboard!
PoundGarden 03/03/21 10:10:00 PM #12:	MedeaLysistrata posted... I mean if you leave tens of millions to just your 4 kids or whatever, raises some questions Such as? --- "You go. I'm just going to stare at the lake and think about how I almost just killed a baby." <cite>PoundGarden posted [p:951313426] in Is inherit... [t:79328771]...</cite> <quote>MedeaLysistrata posted... </cite> <quote>I mean if you leave tens of millions to just your 4 kids or whatever, raises some questions</quote> Such as? </quote> ... Copied to Clipboard!
electricbugs2 03/03/21 10:10:16 PM #13:	What a stupid topic. --- Balenciaga hoodies and Gucci shoes #FreeMelly <cite>electricbugs2 posted [p:951313440] in Is inherit... [t:79328771]...</cite> <quote>What a stupid topic. </quote> ... Copied to Clipboard!
pure_temper 03/03/21 10:10:41 PM #14:	No it isnt beyond a set amount like a couple million --- proudclad LAYIN DOWN THE SMACK - Error1355 Christian Marxism actually makes sense. (Islamic, Buddhist, Hindu, etc too!) <cite>pure_temper posted [p:951313452] in Is inherit... [t:79328771]...</cite> <quote>No it isnt beyond a set amount like a couple million </quote> ... Copied to Clipboard!
g980 03/03/21 10:11:23 PM #15:	It would be more unfair to deny parents the right to bequeath their money. Its theirs. But like if we want to bump up inheritance taxes a bit and definitely make sure we're capturintg capital gains taxes on inherited stock, thatd be cool --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:951313484] in Is inherit... [t:79328771]...</cite> <quote>It would be more unfair to deny parents the right to bequeath their money. Its theirs. But like if we want to bump up inheritance taxes a bit and definitely make sure we're capturintg capital gains taxes on inherited stock, thatd be cool</quote> ... Copied to Clipboard!
MedeaLysistrata 03/03/21 10:11:43 PM #16:	The_Creep_2020 posted... What about software? If your software spirals into a million dollar business that is different and at that point we are dealing with more than just a singular IP I guess though you get into things like the Tolkien estate which might compare to a business. I still dont feel as strongly because art (maybe not entertainment...) is a lot less exploitative then business --- "Why is ontology so expensive?" - JH [Is this live?][Joyless planet...] <cite>MedeaLysistrata posted [p:951313495] in Is inherit... [t:79328771]...</cite> <quote>The_Creep_2020 posted... </cite> <quote>What about software?</quote>If your software spirals into a million dollar business that is different and at that point we are dealing with more than just a singular IP I guess though you get into things like the Tolkien estate which might compare to a business. I still dont feel as strongly because art (maybe not entertainment...) is a lot less exploitative then business </quote> ... Copied to Clipboard!
Buzz Killjoy 03/03/21 10:11:44 PM #17:	People would just make sure that the rights belonged to some corporation or trust or other legal entity that never expires. --- *Does the name Pavlov ring a bell?* <cite>Buzz Killjoy posted [p:951313496] in Is inherit... [t:79328771]...</cite> <quote>People would just make sure that the rights belonged to some corporation or trust or other legal entity that never expires. </quote> ... Copied to Clipboard!
pure_temper 03/03/21 10:11:55 PM #18:	g980 posted... It would be more unfair to deny parents the right to bequeath their money. Its theirs. But like if we want to bump up inheritance taxes a bit and definitely make sure we're capturintg capital gains taxes on inherited stock, thatd be cool yes agreed --- proudclad LAYIN DOWN THE SMACK - Error1355 Christian Marxism actually makes sense. (Islamic, Buddhist, Hindu, etc too!) <cite>pure_temper posted [p:951313499] in Is inherit... [t:79328771]...</cite> <quote>g980 posted... </cite> <quote>It would be more unfair to deny parents the right to bequeath their money. Its theirs. But like if we want to bump up inheritance taxes a bit and definitely make sure we're capturintg capital gains taxes on inherited stock, thatd be cool</quote> yes agreed </quote> ... Copied to Clipboard!
Damn_Underscore 03/03/21 10:12:10 PM #19:	Yes it's fair. Generational wealth is a good thing that people should aspire to. Making everyone start from scratch would be terrible. Imagine if there were rich parents who started a family, and then they died in an accident and their kids become poor orphans with no hope. --- I try to laugh about it, hiding the tears in my eyes. <cite>Damn_Underscore posted [p:951313508] in Is inherit... [t:79328771]...</cite> <quote>Yes it's fair. Generational wealth is a good thing that people should aspire to. Making everyone start from scratch would be terrible. Imagine if there were rich parents who started a family, and then they died in an accident and their kids become poor orphans with no hope. </quote> ... Copied to Clipboard!
RickyTheBAWSE 03/03/21 10:12:42 PM #20:	only people who have a shallow understanding of fairness laced with jealousy would call it unfair. --- Never let those intent on misunderstanding you be the narrator to YOUR story! Context? Context!? CONTEXT!!! <cite>RickyTheBAWSE posted [p:951313520] in Is inherit... [t:79328771]...</cite> <quote>only people who have a shallow understanding of fairness laced with jealousy would call it unfair.</quote> ... Copied to Clipboard!
pure_temper 03/03/21 10:13:02 PM #21:	Damn_Underscore posted... Yes it's fair. Generational wealth is a good thing that people should aspire to. Making everyone start from scratch would be terrible. Imagine if there were rich parents who started a family, and then they died in an accident and their kids become poor orphans with no hope. only up to like a reasonable amount --- proudclad LAYIN DOWN THE SMACK - Error1355 Christian Marxism actually makes sense. (Islamic, Buddhist, Hindu, etc too!) <cite>pure_temper posted [p:951313530] in Is inherit... [t:79328771]...</cite> <quote>Damn_Underscore posted... </cite> <quote>Yes it's fair. Generational wealth is a good thing that people should aspire to. Making everyone start from scratch would be terrible. Imagine if there were rich parents who started a family, and then they died in an accident and their kids become poor orphans with no hope.</quote> only up to like a reasonable amount </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:13:41 PM #22:	g980 posted... It would be more unfair to deny parents the right to bequeath their money. Its theirs. To a point, yes, but I dont think you should never have to work because your daddy died. Maybe like a 80-90% tax on anything inherited over 50k <cite>JoeRodonExprien posted [p:951313548] in Is inherit... [t:79328771]...</cite> <quote>g980 posted... </cite> <quote>It would be more unfair to deny parents the right to bequeath their money. Its theirs.</quote> To a point, yes, but I dont think you should never have to work because your daddy died. Maybe like a 80-90% tax on anything inherited over 50k </quote> ... Copied to Clipboard!
ElatedVenusaur 03/03/21 10:17:08 PM #23:	Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy. <cite>ElatedVenusaur posted [p:951313651] in Is inherit... [t:79328771]...</cite> <quote>Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy. </quote> ... Copied to Clipboard!
Balrog0 03/03/21 10:18:10 PM #24:	Absolutely not --- Trying to dunk since July 2020 <cite>Balrog0 posted [p:951313683] in Is inherit... [t:79328771]...</cite> <quote>Absolutely not </quote> ... Copied to Clipboard!
pure_temper 03/03/21 10:18:12 PM #25:	ElatedVenusaur posted... Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy. at most it should be a sentimental amount to let the kid start over and be made whole. $1 million sounds fair. Or no more than like $10 million. --- proudclad LAYIN DOWN THE SMACK - Error1355 Christian Marxism actually makes sense. (Islamic, Buddhist, Hindu, etc too!) <cite>pure_temper posted [p:951313684] in Is inherit... [t:79328771]...</cite> <quote>ElatedVenusaur posted... </cite> <quote>Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy.</quote> at most it should be a sentimental amount to let the kid start over and be made whole. $1 million sounds fair. Or no more than like $10 million. </quote> ... Copied to Clipboard!
MedeaLysistrata 03/03/21 10:18:23 PM #26:	ElatedVenusaur posted... Inheritance of wealth is fundamentally incompatible with meritocracy. Not if merit is tied to family virtue over individual virtue. --- "Why is ontology so expensive?" - JH [Is this live?][Joyless planet...] <cite>MedeaLysistrata posted [p:951313689] in Is inherit... [t:79328771]...</cite> <quote>ElatedVenusaur posted... </cite> <quote>Inheritance of wealth is fundamentally incompatible with meritocracy.</quote>Not if merit is tied to family virtue over individual virtue. </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:18:52 PM #27:	ElatedVenusaur posted... Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy. Yes, that makes sense to me. What should happen to inheritance in a true meritocracy? Go back to the state? I dont think that will ever fly in America. <cite>JoeRodonExprien posted [p:951313705] in Is inherit... [t:79328771]...</cite> <quote>ElatedVenusaur posted... </cite> <quote>Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy.</quote> Yes, that makes sense to me. What should happen to inheritance in a true meritocracy? Go back to the state? I dont think that will ever fly in America. </quote> ... Copied to Clipboard!
KazGT6 03/03/21 10:19:52 PM #28:	ElatedVenusaur posted... Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy. you think the u.s. is more of an aristocracy? there is inheritance and estate tax in the u.s. <cite>KazGT6 posted [p:951313734] in Is inherit... [t:79328771]...</cite> <quote>ElatedVenusaur posted... </cite> <quote>Inheritance of wealth is fundamentally incompatible with meritocracy. So yes, we live in more of an aristocracy.</quote>you think the u.s. is more of an aristocracy? there is inheritance and estate tax in the u.s. </quote> ... Copied to Clipboard!
thrashmetal14 03/03/21 10:20:22 PM #29:	>man works hard to support his family >dies >leaves his hard earned money to his kids Nooo thats not heckin fair! I deserve that money! <cite>thrashmetal14 posted [p:951313747] in Is inherit... [t:79328771]...</cite> <quote>>man works hard to support his family >dies >leaves his hard earned money to his kids Nooo thats not heckin fair! I deserve that money! </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:22:40 PM #30:	thrashmetal14 posted... >man works hard to support his family >dies >leaves his hard earned money to his kids Nooo thats not heckin fair! I deserve that money! I dont think anyone is against inheritance full stop in this topic. Its not fair that someone could be given enough money that they never have to contribute to society because a relative was successful. Neither is it fair that someone could earn rights fees for work they didnt do. <cite>JoeRodonExprien posted [p:951313820] in Is inherit... [t:79328771]...</cite> <quote>thrashmetal14 posted... </cite> <quote>>man works hard to support his family >dies >leaves his hard earned money to his kids Nooo thats not heckin fair! I deserve that money!</quote> I dont think anyone is against inheritance full stop in this topic. Its not fair that someone could be given enough money that they never have to contribute to society because a relative was successful. Neither is it fair that someone could earn rights fees for work they didnt do. </quote> ... Copied to Clipboard!
Dakimakura 03/03/21 10:23:28 PM #31:	Yes, inheritance is a very important aspect of programming. <cite>Dakimakura posted [p:951313846] in Is inherit... [t:79328771]...</cite> <quote>Yes, inheritance is a very important aspect of programming. </quote> ... Copied to Clipboard!
g980 03/03/21 10:25:30 PM #32:	JoeRodonExprien posted... To a point, yes, but I dont think you should never have to work because your daddy died. Maybe like a 80-90% tax on anything inherited over 50k $50k means you dont have to work for like... a year or two Thats a crazy low amount --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:951313922] in Is inherit... [t:79328771]...</cite> <quote>JoeRodonExprien posted...</cite> <quote> To a point, yes, but I dont think you should never have to work because your daddy died. Maybe like a 80-90% tax on anything inherited over 50k </quote> $50k means you dont have to work for like... a year or two Thats a crazy low amount</quote> ... Copied to Clipboard!
Bio1590 03/03/21 10:26:25 PM #33:	There obviously should be a limit. You can't just keep on locking up more and more wealth with each successive generation. --- https://imgur.com/bbRWLI8 https://imgur.com/A0BErSV https://imgur.com/S1m3po4 https://imgur.com/7fCcfko <cite>Bio1590 posted [p:951313955] in Is inherit... [t:79328771]...</cite> <quote>There obviously should be a limit. You can't just keep on locking up more and more wealth with each successive generation.</quote> ... Copied to Clipboard!
Balrog0 03/03/21 10:26:31 PM #34:	KazGT6 posted... you think the u.s. is more of an aristocracy? there is inheritance and estate tax in the u.s. The estate tax exemption is more than $20 million for a married couple. I don't think we have a federal inheritance tax though I could be wrong. thrashmetal14 posted... >man works hard to support his family >dies >leaves his hard earned money to his kids Nooo thats not heckin fair! I deserve that money! So the children of those without money are less deserving than the children of those with money? What are you trying to say --- Trying to dunk since July 2020 <cite>Balrog0 posted [p:951313959] in Is inherit... [t:79328771]...</cite> <quote>KazGT6 posted... </cite> <quote>you think the u.s. is more of an aristocracy? there is inheritance and estate tax in the u.s.</quote> The estate tax exemption is more than $20 million for a married couple. I don't think we have a federal inheritance tax though I could be wrong. thrashmetal14 posted... </cite> <quote>>man works hard to support his family >dies >leaves his hard earned money to his kids Nooo thats not heckin fair! I deserve that money!</quote> So the children of those without money are less deserving than the children of those with money? What are you trying to say </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:26:50 PM #35:	g980 posted... $50k means you dont have to work for like... a year or two Thats a crazy low amount If theyre adults they should be working anyway. If theyre children their guardian should get money to take care of them from the inheritance until theyre of working age. <cite>JoeRodonExprien posted [p:951313974] in Is inherit... [t:79328771]...</cite> <quote>g980 posted... </cite> <quote>$50k means you dont have to work for like... a year or two Thats a crazy low amount</quote> If theyre adults they should be working anyway. If theyre children their guardian should get money to take care of them from the inheritance until theyre of working age. </quote> ... Copied to Clipboard!
Payzmaykr 03/03/21 10:27:18 PM #36:	Yes, its fair. Inheritance taxes need to be redone to make sure they only hit people who inherit more than like $10million. If you save and invest and spend your whole life making good decisions with the specific intention of leaving a few million for your kids, thats your right. Thats part of the American Dream. <cite>Payzmaykr posted [p:951313984] in Is inherit... [t:79328771]...</cite> <quote>Yes, its fair. Inheritance taxes need to be redone to make sure they only hit people who inherit more than like $10million. If you save and invest and spend your whole life making good decisions with the specific intention of leaving a few million for your kids, thats your right. Thats part of the American Dream. </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:27:58 PM #37:	The American Dream is not to raise a bunch of freeloaders. <cite>JoeRodonExprien posted [p:951314004] in Is inherit... [t:79328771]...</cite> <quote>The American Dream is not to raise a bunch of freeloaders. </quote> ... Copied to Clipboard!
g980 03/03/21 10:29:19 PM #38:	JoeRodonExprien posted... If theyre adults they should be working anyway. If theyre children their guardian should get money to take care of them from the inheritance until theyre of working age. My point is that if your goal is to prevent people from being independently wealthy off inheritance, you could keep it a lot higher. $50k really isnt much money --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:951314041] in Is inherit... [t:79328771]...</cite> <quote>JoeRodonExprien posted...</cite> <quote> If theyre adults they should be working anyway. If theyre children their guardian should get money to take care of them from the inheritance until theyre of working age. </quote> My point is that if your goal is to prevent people from being independently wealthy off inheritance, you could keep it a lot higher. $50k really isnt much money</quote> ... Copied to Clipboard!
Payzmaykr 03/03/21 10:29:44 PM #39:	JoeRodonExprien posted... The American Dream is not to raise a bunch of freeloaders. It can be. Doesnt matter if you like it or not. Why do small inheritances trigger people so much >_> The American Dream is to work your ass off, save money, have a say in your government, retire, and leave something to keep your family going. Facts are facts. <cite>Payzmaykr posted [p:951314052] in Is inherit... [t:79328771]...</cite> <quote>JoeRodonExprien posted... </cite> <quote>The American Dream is not to raise a bunch of freeloaders.</quote>It can be. Doesnt matter if you like it or not. Why do small inheritances trigger people so much >_> The American Dream is to work your ass off, save money, have a say in your government, retire, and leave something to keep your family going. Facts are facts. </quote> ... Copied to Clipboard!
AlisLandale 03/03/21 10:30:42 PM #40:	Life of the author + some low amount of years should be the life of copyright for a specific creative work. Like just as one example, it's just a bit weird that Disney's bread and butter is adapting works that fell into the public domain, but they keep lobbying to extend the length of copyrights in the US. Nobody working at Disney has any stake to the source material of Frozen, but they cashed those checks. But heaven forbid someone else gets to use Mickey Mouse lmao If your work is especially exceptional, like Harry Potter or whatever, then you'll be more than fine just passing the cosmic fuckton of money you made from that work to your kids, rather than the work itself <_< --- https://imgur.com/mptS9Qj <cite>AlisLandale posted [p:951314084] in Is inherit... [t:79328771]...</cite> <quote>Life of the author + some low amount of years should be the life of copyright for a specific creative work. Like just as one example, it's just a bit weird that Disney's bread and butter is adapting works that fell into the public domain, but they keep lobbying to extend the length of copyrights in the US. Nobody working at Disney has any stake to the source material of Frozen, but they cashed those checks. But heaven forbid someone else gets to use Mickey Mouse lmao If your work is especially exceptional, like Harry Potter or whatever, then you'll be more than fine just passing the cosmic fuckton of money you made from that work to your kids, rather than the work itself <_< </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:32:07 PM #41:	g980 posted... My point is that if your goal is to prevent people from being independently wealthy off inheritance, you could keep it a lot higher. $50k really isnt much money 50k untaxed and then 80% tax on anything above that. If youre leaving multimillions/billions thats still a lot of money. <cite>JoeRodonExprien posted [p:951314123] in Is inherit... [t:79328771]...</cite> <quote>g980 posted... </cite> <quote>My point is that if your goal is to prevent people from being independently wealthy off inheritance, you could keep it a lot higher. $50k really isnt much money</quote> 50k untaxed and then 80% tax on anything above that. If youre leaving multimillions/billions thats still a lot of money. </quote> ... Copied to Clipboard!
Balrog0 03/03/21 10:32:34 PM #42:	Payzmaykr posted... Why do small inheritances trigger people so much >_> The exemption for the federal estate tax is 11.7 million for a person and double that for a couple --- Trying to dunk since July 2020 <cite>Balrog0 posted [p:951314135] in Is inherit... [t:79328771]...</cite> <quote>Payzmaykr posted... </cite> <quote>Why do small inheritances trigger people so much >_></quote> The exemption for the federal estate tax is 11.7 million for a person and double that for a couple </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:33:21 PM #43:	Payzmaykr posted... It can be. Doesnt matter if you like it or not. Why do small inheritances trigger people so much >_> The American Dream is to work your ass off, save money, have a say in your government, retire, and leave something to keep your family going. Facts are facts. No one is against leaving something to keep your family going. I just dont think you should never have to work again because your dad died. <cite>JoeRodonExprien posted [p:951314153] in Is inherit... [t:79328771]...</cite> <quote>Payzmaykr posted... </cite> <quote>It can be. Doesnt matter if you like it or not. Why do small inheritances trigger people so much >_> The American Dream is to work your ass off, save money, have a say in your government, retire, and leave something to keep your family going. Facts are facts.</quote> No one is against leaving something to keep your family going. I just dont think you should never have to work again because your dad died. </quote> ... Copied to Clipboard!
BeyondWalls 03/03/21 10:35:46 PM #45:	This thread is debating two separate topics. --- END OF LINE <cite>BeyondWalls posted [p:951314226] in Is inherit... [t:79328771]...</cite> <quote>This thread is debating two separate topics. </quote> ... Copied to Clipboard!
IShall_Run_Amok 03/03/21 10:35:47 PM #46:	If you won the lottery or just have the normal amount of stuff, yes. If you exploited workers, no. --- I'm here live. Its...I'm not a cat. <cite>IShall_Run_Amok posted [p:951314228] in Is inherit... [t:79328771]...</cite> <quote>If you won the lottery or just have the normal amount of stuff, yes. If you exploited workers, no. </quote> ... Copied to Clipboard!
Balrog0 03/03/21 10:36:05 PM #47:	IShall_Run_Amok posted... If you won the lottery or just have the normal amount of stuff, yes Wrong --- Trying to dunk since July 2020 <cite>Balrog0 posted [p:951314235] in Is inherit... [t:79328771]...</cite> <quote>IShall_Run_Amok posted... </cite> <quote>If you won the lottery or just have the normal amount of stuff, yes</quote> Wrong </quote> ... Copied to Clipboard!
Payzmaykr 03/03/21 10:39:58 PM #48:	JoeRodonExprien posted... No one is against leaving something to keep your family going. I just dont think you should never have to work again because your dad died. Youre literally saying that people should get 20% of their familys worth. Where would that money go?? Our government wouldnt distribute that to needy families. Seriously, dude. Whats the trend that you see everywhere you look? Money goes to the top and it stays there. Why would you rather the corrupt ass government steal it than give a chance to some have-not to maybe inherit a million and take care of his family? Heres my issue with your line of thinking: youre going after people who are just trying to leave their kids a few million. Those people deserve every penny. Inheritance should ONLY be taxed if youre literally so rich that youre an elite. Dont ruin the life of some Everyman who just wants a chance to make it. <cite>Payzmaykr posted [p:951314362] in Is inherit... [t:79328771]...</cite> <quote>JoeRodonExprien posted... </cite> <quote>No one is against leaving something to keep your family going. I just dont think you should never have to work again because your dad died.</quote>Youre literally saying that people should get 20% of their familys worth. Where would that money go?? Our government wouldnt distribute that to needy families. Seriously, dude. Whats the trend that you see everywhere you look? Money goes to the top and it stays there. Why would you rather the corrupt ass government steal it than give a chance to some have-not to maybe inherit a million and take care of his family? Heres my issue with your line of thinking: youre going after people who are just trying to leave their kids a few million. Those people deserve every penny. Inheritance should ONLY be taxed if youre literally so rich that youre an elite. Dont ruin the life of some Everyman who just wants a chance to make it. </quote> ... Copied to Clipboard!
masticatingman 03/03/21 10:40:20 PM #49:	Life isnt fair so yes, it is. --- Fervent appearing <cite>masticatingman posted [p:951314372] in Is inherit... [t:79328771]...</cite> <quote>Life isnt fair so yes, it is. </quote> ... Copied to Clipboard!
JoeRodonExprien 03/03/21 10:41:53 PM #50:	Payzmaykr posted... Youre literally saying that people should get 20% of their familys worth. Where would that money go?? Our government wouldnt distribute that to needy families. Seriously, dude. Whats the trend that you see everywhere you look? Money goes to the top and it stays there. Why would you rather the corrupt ass government steal it than give a chance to some have-not to maybe inherit a million and take care of his family? Heres my issue with your line of thinking: youre going after people who are just trying to leave their kids a few million. Those people deserve every penny. Inheritance should ONLY be taxed if youre literally so rich that youre an elite. Dont ruin the life of some Everyman who just wants a chance to make it. Youre arguing incompatible lines of thinking. Everyman =/= Inheriting multi-millions <cite>JoeRodonExprien posted [p:951314425] in Is inherit... [t:79328771]...</cite> <quote>Payzmaykr posted... </cite> <quote>Youre literally saying that people should get 20% of their familys worth. Where would that money go?? Our government wouldnt distribute that to needy families. Seriously, dude. Whats the trend that you see everywhere you look? Money goes to the top and it stays there. Why would you rather the corrupt ass government steal it than give a chance to some have-not to maybe inherit a million and take care of his family? Heres my issue with your line of thinking: youre going after people who are just trying to leave their kids a few million. Those people deserve every penny. Inheritance should ONLY be taxed if youre literally so rich that youre an elite. Dont ruin the life of some Everyman who just wants a chance to make it.</quote> Youre arguing incompatible lines of thinking. Everyman =/= Inheriting multi-millions </quote> ... Copied to Clipboard!
Graycap 03/03/21 10:45:29 PM #51:	Obviously it's not fair, but a lot of perfectly legal things aren't fair. Most people want to be able to leave their wealth to their family. They earned the money, they want to be able to use it as they please. That said, I don't want to hear about "personal responsibility" from anyone who gives a bunch of money to their kid just for existing, or from the kid who got it. --- Say it on your main. <cite>Graycap posted [p:951314539] in Is inherit... [t:79328771]...</cite> <quote>Obviously it's not fair, but a lot of perfectly legal things aren't fair. Most people want to be able to leave their wealth to their family. They earned the money, they want to be able to use it as they please. That said, I don't want to hear about "personal responsibility" from anyone who gives a bunch of money to their kid just for existing, or from the kid who got it.</quote> ... Copied to Clipboard!
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Current Events > Is inheritance fair? (+) Yeah! (+)

Current Events > Is inheritance fair?