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Offline LC EFA

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If you inherited a million dollars
« on: December 15, 2008, 04:11:21 AM »
Quote
Truthiness Inspector  (1000+ posts) Mon Dec-15-08 01:48 AM
Original message
If you inherited a million dollars tomorrow what would you do?
   
Edited on Mon Dec-15-08 01:48 AM by Truthiness Inspector
Let's say your Aunt Sallie or Uncle Bob left you this money.

How much would you happily fork over to pay taxes, if YOU could decide the amount?

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Watch the DUmmies twist and turn to get out of answering it as asked...

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Quote
Donnachaidh  Donating Member  (1000+ posts) Mon Dec-15-08 01:51 AM
Response to Original message
3. I'd hire the same tax experts as all the other wealthy folks
   
And I'd tell you I'd get back to you on my answer after they were done. :evilgrin:

And if you think ANYONE would do otherwise.... :eyes:
 
Truthiness Inspector (1000+ posts) Mon Dec-15-08 01:52 AM
Response to Reply #3
4. No, that is not my question
   
I am asking YOU what YOU would happily fork over.
 
Donnachaidh Donating Member (1000+ posts) Mon Dec-15-08 01:57 AM
Response to Reply #4
7. I'm not naive enough to answer that question n/t
   
thecatburgler  Donating Member  (1000+ posts)      Mon Dec-15-08 01:53 AM
Response to Original message
5. I would pay whatever the going estate tax rate is.
   
About half. It's unexpected money, why should I complain?

CaliforniaPeggy  Donating Member  (1000+ posts)  Mon Dec-15-08 02:01 AM
Response to Original message
9. I'm not sure, but I believe my husband and I are in the upper
   
tax bracket.

That would mean we'd pay about 35% of it in taxes...

And that would be fine.

Oregone  (1000+ posts) Mon Dec-15-08 02:03 AM
Response to Original message
10. If I could decide not only for myself, but everyone else, 75%+ would be about right...
   
Hell, who needs to inherit money in a capitalistic meritocracy. This would destroy the old-money elite and reconstruct our society, at a price I would happily pay.

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Offline JohnnyReb

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Re: If you inherited a million dollars
« Reply #1 on: December 15, 2008, 07:49:49 AM »
"Happily fork over in taxes"......DUmmie answer to everything, ...not one damn dime.
 :rotf:
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Offline franksolich

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Re: If you inherited a million dollars
« Reply #2 on: December 15, 2008, 07:52:12 AM »
California Piggy has a husband?

I knew he/she was "connected," but I assumed it was his/her boyfriend, not a bona fide husband.

I can't imagine what it must be like, a guy married to a woman who used to be a guy.
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Offline Toastedturningtidelegs

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Re: If you inherited a million dollars
« Reply #3 on: December 15, 2008, 07:57:26 AM »
Quote
Oregone  (1000+ posts) Mon Dec-15-08 02:03 AM
Response to Original message
10. If I could decide not only for myself, but everyone else, 75%+ would be about right...
   
Hell, who needs to inherit money in a capitalistic meritocracy. This would destroy the old-money elite and reconstruct our society, at a price I would happily pay.
Why bother stopping at 75% stupid! Give it all to the federal government! What a ****ing moron! :whatever:
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Offline JohnnyReb

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Re: If you inherited a million dollars
« Reply #4 on: December 15, 2008, 08:04:09 AM »
Quote from: franksolich on December 15, 2008, 07:52:12 AM

I can't imagine what it must be like, a guy married to a woman who used to be a guy.

Don't know....don't need to know.....but you can volunteer to find out and let us know.......  :-)
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"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline USA4ME

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Re: If you inherited a million dollars
« Reply #5 on: December 15, 2008, 09:34:11 AM »
A man and his friend were walking down the road.  His friend turned to him and said....

"Hey Bill, if you had two horses, would you give me one?"

"Jim, as good of friends as we are, you know I would."

They walked a little further.

"Hey Bill, if you had two home stereos, would you give me one of them?"

"Jim, why do you even ask?  We're such good friends, you know if I had two home stereos I'd give you one."

They keep walking.

"One more question Bill.  If you had two cars, would you give me one?"

"Ah Jim, now you know I've got two cars."

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DUmmies are more than willing to give away things they don't possess.

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« Last Edit: December 15, 2008, 09:35:45 AM by USA4ME »
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Offline franksolich

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Re: If you inherited a million dollars
« Reply #6 on: December 15, 2008, 09:37:01 AM »
Quote from: BadCat on December 15, 2008, 09:29:42 AM
"She" has posted pictures of him.
Looks like he has a big Kaposi's sarcoma on his forehead.

Yeah, I've seen those.

But I assumed he was her live-in boyfriend, not a legit husband.

Nothing wrong with a man liking a woman--of course not--but I find something, uh, sort of really disgusting in a man liking in the carnal sense a woman who was once a man.

Ew.  Blllllft.
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Offline dutch508

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Re: If you inherited a million dollars
« Reply #7 on: December 15, 2008, 10:09:50 AM »
Quote from: franksolich on December 15, 2008, 07:52:12 AM
California Piggy has a husband?

I knew he/she was "connected," but I assumed it was his/her boyfriend, not a bona fide husband.

I can't imagine what it must be like, a guy married to a woman who used to be a guy.


just because she/he/it said husband, there is no reason to belive that this is one...legally or reality...
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Offline Toastedturningtidelegs

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Re: If you inherited a million dollars
« Reply #8 on: December 15, 2008, 10:24:33 AM »
Quote from: franksolich on December 15, 2008, 09:37:01 AM
Yeah, I've seen those.

But I assumed he was her live-in boyfriend, not a legit husband.

Nothing wrong with a man liking a woman--of course not--but I find something, uh, sort of really disgusting in a man liking in the carnal sense a woman who was once a man.

Ew.  Blllllft.
Frank,Has she ever said that she had the operation? I ask because I believe I was scolded before for implying she was once a man! :-)
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Offline franksolich

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Re: If you inherited a million dollars
« Reply #9 on: December 15, 2008, 10:26:42 AM »
Quote from: Toastedturningtidelegs on December 15, 2008, 10:24:33 AM
Frank,Has she ever said that she had the operation? I ask because I believe I was scolded before for implying she was once a man! :-)

I dunno about your first comment.

As for your second comment, if I was one of those who scolded you, I humbly beg your forgiveness, because you were right, absolutely right.

Bondai convinced me.
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Offline Toastedturningtidelegs

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Re: If you inherited a million dollars
« Reply #10 on: December 15, 2008, 11:38:40 AM »
Quote from: franksolich on December 15, 2008, 10:26:42 AM
I dunno about your first comment.

As for your second comment, if I was one of those who scolded you, I humbly beg your forgiveness, because you were right, absolutely right.

Bondai convinced me.
Nah! it wasn't you....I think it may have been one of the ladies here! :uhsure:
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Offline Zeus

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Re: If you inherited a million dollars
« Reply #11 on: December 15, 2008, 12:02:09 PM »
There is no Federal Inheritance tax. Most states have repealed or phased out an inheritance tax. Even amongst states with an Inheritance tax insurance proceeds are tax exempt.
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Offline DumbAss Tanker

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Re: If you inherited a million dollars
« Reply #12 on: December 15, 2008, 12:15:55 PM »
Quote from: Zeus on December 15, 2008, 12:02:09 PM
There is no Federal Inheritance tax. Most states have repealed or phased out an inheritance tax. Even amongst states with an Inheritance tax insurance proceeds are tax exempt.

True, except the part about insurance proceeds; they can actually be a part of the taxable pot under many state inheritance tax schemes, but even in those States it will usually depend on the degree of relationship between the deceased and the beneficiary, so that transfers to immediate family may be completely or partially exempt even if otherwise covered.

There is of course Federal estate tax, to which one of them refers, but the $1,000,000 amount involved would fall squarely within the recipient's lifetime credit amount if he or she had received no other gifts or inheritances that used up any of it to that point in life.  Neither life insurance proceeds nor inheritances are part of gross income for income tax purposes.

Bottom line, whether it was a probate distribution or insurance proceeds, most people would not be paying a dime of tax on it at all, except State inheritance taxes, if any applied.
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Offline Chris_

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Re: If you inherited a million dollars
« Reply #13 on: December 15, 2008, 12:17:48 PM »
What are the odds that any of the DUmmies ever considered a 10% tithe?   :whatever:
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Offline crockspot

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Re: If you inherited a million dollars
« Reply #14 on: December 15, 2008, 12:26:38 PM »
Do we have actual confirmation of CP being a previous man?
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Offline Chris_

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Re: If you inherited a million dollars
« Reply #15 on: December 15, 2008, 12:27:41 PM »
Quote from: crockspot on December 15, 2008, 12:26:38 PM
Do we have actual confirmation of CP being a previous man?
One would have to assume he had any to start with.   :uhsure:
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Offline franksolich

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Re: If you inherited a million dollars
« Reply #16 on: December 15, 2008, 12:28:17 PM »
Quote from: lug-nut on December 15, 2008, 12:17:48 PM
What are the odds that any of the DUmmies ever considered a 10% tithe?   :whatever:

About the same as the odds that Nebraska will get above 0 degrees the next few days.

Hardly anything.
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Offline Tantal

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Re: If you inherited a million dollars
« Reply #17 on: December 15, 2008, 12:34:07 PM »
Quote from: lug-nut on December 15, 2008, 12:17:48 PM
What are the odds that any of the DUmmies ever considered a 10% tithe?   :whatever:
None. DUmmies do not put money into the hands of Fundies. They're afraid that it might be used for some good. They'd prefer to throw it down the bottomless pit known as government so that it can be properly wasted.
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Offline Toastedturningtidelegs

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Re: If you inherited a million dollars
« Reply #18 on: December 15, 2008, 12:44:14 PM »
Quote from: crockspot on December 15, 2008, 12:26:38 PM
Do we have actual confirmation of CP being a previous man?
"My Dear Crockspot" One only has to view any picture she has posted to tell that she once had one swinging :-)
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Offline Chris_

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Re: If you inherited a million dollars
« Reply #19 on: December 15, 2008, 02:12:53 PM »
Quote from: lug-nut on December 15, 2008, 12:17:48 PM
What are the odds that any of the DUmmies ever considered a 10% tithe?   :whatever:

0%

Unless it was to the Temple of Teh Big Zero hisself.
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Offline crockspot

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Re: If you inherited a million dollars
« Reply #20 on: December 15, 2008, 02:22:13 PM »
Quote from: Toastedturningtidelegs on December 15, 2008, 12:44:14 PM
"My Dear Crockspot" One only has to view any picture she has posted to tell that she once had one swinging :-)

Based upon my past first-hand acquaintances with members of both sexes who have crossed to the other side, and having viewed more pictures of CP than I would have cared to, I can't quite make that assumption.

Unattractive? Sure. A shemale? The jury is still out.
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Offline Toastedturningtidelegs

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Re: If you inherited a million dollars
« Reply #21 on: December 16, 2008, 05:51:52 AM »
Quote from: crockspot on December 15, 2008, 02:22:13 PM
Based upon my past first-hand acquaintances with members of both sexes who have crossed to the other side, and having viewed more pictures of CP than I would have cared to, I can't quite make that assumption.

Unattractive? Sure. A shemale? The jury is still out.
So you're saying until she wips it out and smacks you upside the head with it you're not buying in?  :lmao:
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Offline JohnnyReb

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Re: If you inherited a million dollars
« Reply #22 on: December 16, 2008, 07:24:26 AM »
Quote from: Toastedturningtidelegs on December 16, 2008, 05:51:52 AM
So you're saying until she wips it out and smacks you upside the head with it you're not buying in?  :lmao:

She could have this problem........but she don't, she's skinny.

*****CAUTION*****

Picture of a totally nude man.......but how much you don't see should be embarrassing.

http://www.hogrockcafe.com/Too%20Much%20Beer.jpg
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"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline BlueStateSaint

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Re: If you inherited a million dollars
« Reply #23 on: December 16, 2008, 04:53:17 PM »
Quote from: JohnnyReb on December 16, 2008, 07:24:26 AM
She could have this problem........but she don't, she's skinny.

*****CAUTION*****

Picture of a totally nude man.......but how much you don't see should be embarrassing.

http://www.hogrockcafe.com/Too%20Much%20Beer.jpg

EYE BLEACH!  I NEED EYE BLEACH!!!!! :banghead: :bawl:
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