Yey, nay? What percentage? Should the state claim the fruits of their labour?
IMO, i agree with James. M. Buchanan, with his stance on a %100 Inheritance tax on bequeathed estates. At the very least, there should be an inheritance tax, at what percentage depends on how much money the estate has.
Pic unrelated.
Note: Inheritance tax is one of a very few right wing ideas i agree with.
Aren't right wingers against inheritance taxes
"Muh other taking muh money"
I think modern neo-libs are against it, however Buchanen, a right-wing economist, was for it. He got a nobel prize for some of his work in political economics, so ill choose him as a pretty smart strawman.
Marxists disagree with inheritance, as do anarchists I presume.
We are trying to create the conditions where people won't hoard wealth
Well, it's pretty simple, actually.
No inheritance, no tax!
Good point, but have a hypothetical:
Head of a household dies, has a modest/average salary. Like the rest of the population, they were a state-employee an such their salary was payment for their labour. Would their savings be considered hoarding wealth? Does the family keep those savings?
100% tax
then whats the point in paying anyone?
No inheritance? would no one have any savings from their work? or will needed supplies be given by the state instead of paying anyone for their work?
It just seems perfectly ethical, in a bourgeois society, to think its okay to have a sizable savings (assume you have to pay for wicked medical costs for one person). But we should say its unethical for people to turn their money into capital.
Not really necessary if you're in full socialism or communism. The whole problem is accumulation. If the conditions for immense accumulation are gone, then it doesn't really matter who gets the money and personal property (including house) when someone dies. It'll just go back on the socialist market or the democratic waiting queue or whatever.
This is an example of what I mean. Who cares? It doesn't matter in the big scheme of things. It's not exploitation. So someone gets a big bonus from their grandpa one year. Well, they'll buy a new VR headset or something. It goes back into the hands of their fellow proles eventually.
Individuals can procure their items, fulfill their needs, at will, and generate voluntary combinations. The notion of exchange between the individual and 'the state' or 'society' can just vanish.
This user gets the point.
Fuck, meant to say
THIS user
gets the point
good points, so we know the transition to full communism/socialism takes time, how do we get rid of the idea of monetary accumulation? Has the capitalist system tainted our ideas of how humans act? What i mean is, in face of the socialist utopia, people will use the "muh human nature" to combat it, how do we weed out this attitude and come back to altruism?
Imo mate it's just our reptilian hindbrains that are lulled into a self-reproducing cycle that isn't really rational. something something ideology
I actually also like the metaphor for pulling out weeds, the way I like Maos washing the face. It's real. The weeds grow, ideology deepens its roots, and it's all fundamentally a PROCESS.
All the weeds must be eliminated, and then drench it all in RoundUp TM
We'll also need a couple generations of education, and overall getting used to some sort of post-capitalist way of life.
under capitalism any taxes that damages the bourgeoisie is my slice of pie.
but only if it damages exclusively the bourgeoisie though, inheritance tax should only apply to high income individuals
As long as the state uses tax money to fund war, unbiblical churches, NATO, EU, bank-bailouts, etc. I'm all for lowering taxes.
Inheritance is the exact opposite of work, you're getting free money from someone who died before they could use it all, solely because you're related to them and not because you actually need it or will do anything productive.
It has nothing to do with ideology and it's 100% rational. Life is reproduction, and naturally you want to give your kids as much an edge as possible to enable them to live to reproduce more.
I have a feeling that won't help. Wanting to provide for your children is a natural instinct. Not just money wise, but its manifested as "for a better future". Why make a better future if you won't be in it? Why care generations down the line? Because you care about the future of your progeny. Unless you selectively breed or genetically modify the coming generations you will never stamp out the instinct. And if we did I have to wonder if we'd stop caring about what happened after we die. Would we care about creating a better world anymore, being mortal beings who wouldn't have to live with consequences?
The banks, bosses, and landlords will always make up the difference when taxes go down. Welcome to capitalism.
No money => no inheritance (apart from personal belongings), no taxes.
No inheritance tax since you don't have any significant riches to pass on in Socialism because private property - the only source for monetary profit - doesn't exist.
Inheriting someone's personal property? That's just fine.
What if someone gives their entire wealth to their children as a gift before their die?
That's probably what would happen with 100 % inheritance tax.
altruism is a spook, unrelated to socialism. socialism prevents the accumulation because wages are democratically decided, and individuals can't privately own capital.
100% tax obv
Transferring sums of property or money in the amounts that would matter enough to tax can't be done casually enough to make circumventing them in this way effective. A parent giving his child a million dollars isn't as easy as me transferring $100 to your bank account.
OH MY FUCKING GOD!!
i leave for a couple months and come back and what the FUCK happened to his board
PERSONAL PROPERTY DOES NOT EQUAL PRIVATE PROPERTY
NO FUCKING INHERITANCE TAX IN SOCIALISM
you are entitled to the products of your labour. you fucking CUCKS
What is your problem, Holla Forumsack?
read more faggot
faggot
noun
whatever fucking pseudomarxist apologist you've read cuz ur dumb ass can't understand KAPITAL
you fucking faggot
socialism != "sharing"
you fucking cucks
communism != "sharing"
you fucking cucks
you've been cuckolded so bad by milton freedman that you still subconsciously hold that the way to fix the problems of capitalism is through some or other form of charity. and that has infected your perception of dialectic materialism
you fucking cucks
this is why Holla Forums will always squash you fucking idiots
READ MOOAAARRR!!!
The way to fix capitalism is to abolish capital.
personal property is not capital you cuck
read more
As a reformer, I think high inheritance taxes are one of the best ways of destroying the entrenched elite. I would want 80%+ on over 50 million, 50% over 10 million, nothing below that. Fuck the rich.
As a damn commie, I can't imagine why people here are defending inheritance. I think any higher rate would have adverse effects on the market/incentives, but that is because our system is overall pretty fucked up, not because inheritance taxes are immoral.