POTUS 45.20 - Doddering Dotards Dodging Detente

[FlagDUDE08]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

This happened on Fox News Last Night.

Sounds like Paul Ryan's feeling the heat of a primary challenger.

[The Sicatoka]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Sounds like Paul Ryan's feeling the heat of a primary challenger.

So you're saying Mr. Ryan is feeling a little ... Strange?

[unofan]

You're disrespecting traditional Asian cultures.
Off to re-education camp with you.

Shouldn't you be out working on your grandmother's farm with your dad?

[rufus]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Good farm land is not cheap. We have obviously expanded from the farm my grandpa grew up on, it was needed in order to stay solvent. A 200 acre farm will not support a family anymore. We now have about 2000 acres and the current valuation of land in our county is about $7000 an acre. Add in probably about $5m work of equipment needed to run that land, and the value of buildings and other structures needed to run a farm, and it is worth well over $10 million. If we downsized significantly, there would no longer be enough income to remain profitable.

If that's the case, then you should be following unofan's advice, and incorporating, or putting into trust, or whatever you need to do to minimize that tax penalty.

You know Trumpy would.

[The Sicatoka]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Shouldn't you be out working on your grandmother's farm with your dad?

They're both gone. Land's been sold to pay grandma's end-of-life expenses.

[rufus]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Also, the estate tax only applies to the amount above the excluded rate, so if your grandfather leaves the farm to your parents, the couple's exclusion is over $10 million. So at most, they'l be paying about 40% on whatever amount above $10 million the estate is valued at.

[rufus]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

This happened on Fox News Last Night.

People are saying that Paul Ryan is really smart.

[bigblue_dl]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

It is not still traditional for 3 generations to live under the same roof. In a country of 300,000,000, it happens, but it is neither commonplace nor a regular enough occurrence to constitute tradition.

It is still traditional for 3 generations to be working on the same farm. It is very common. My grandpa is getting too old to do too much anymore, but it wasn't that long ago that me, my father and my grandpa all were working on the same farm.

[The Sicatoka]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

People are saying that Paul Ryan is really smart.

Wrong.

He is bigly smart.

[bigblue_dl]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

That hasn't been true for generations. This country is 85% urban, and rural towns get smaller every year. We should not be basing 21st century tax policy on 19th century practices.



The estate tax isn't about getting back at anyone, so you can shove your revenge fantasies up your butt.

The estate tax is about placing Joe the farmer's son on the same level as Jill the doctor's daughter and Jimmy, the kid of two meth addicts. Let's say Jimmy wants to be a farmer when he grows up. Why should Joe get a $10,000,000 head start (on top of the head start of not having meth addicts for parents) on Jimmy? Joe hasn't done shiat other than win the birth lottery in this scenario. His parents may have built a successful farm, but he didn't. And what if Joe doesn't want to farm? Does he still get it tax free?

If Joe works on the farm his adult life, his sweat equity should be compensated in the form of wages and ownership stakes along the way.

And I'm no fan of Monsanto, but that's an anti-trust issue, not an estate tax issue.

Because not having that head start is a non-starter for getting into farming. Your policy would kill American agriculture, and there is really no arguing that. It is fact. I am sure you are perfectly fine with that, but I cannot be ok with it.

Also, you're still talking about stuff that you are clueless about.

[The Sicatoka]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Has Trump gotten rid of his unsecured cell phone yet or is he still using it to email "jkushner@aol.com"?

< facepalm >

Talk about not learning from others' mistakes. There needs to be consequences.

[Gurtholfin]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Also, you're still talking about stuff that you are clueless about.

And being a dick about it.

[Kepler]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Talk about not learning from others' mistakes. There needs to be consequences.

He's never faced a consequence in his life. He started out with Wealthy Immunity, and now he has GOP Immunity.

[Handyman]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

This happened on Fox News Last Night.

Well duh. Paul Ryan sold out the day after the election. He wants his tax cuts and his entitlement destruction and Trump is the man to get them!

[Kepler]

Re: POTUS 45.20 - Doddering Dotards Dodging Detente

Good article from a former supply sider-

https://www.washingtonpost.com/news/...=.e0ef786f8415

David Stockman came out more than a decade ago against supply-side and Reaganomics after having been one of the major architects. He utterly eviscerated the remaining supply-siders. Nobody with a brain is left on that side. It's just naked theft by people like the Kochs, their useful idiots like Ryan, Brownback, and Walker, and then about 50 million aged brainwashed Republican grandparents who lapped it up because Saint Ronnie Jesus said it.