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Wyomians who want To die

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Wyomians who want To die

Old 11-01-2010, 10:06 AM
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Default Wyomians who want To die

http://trib.com/news/state-and-regio...b9c16dcdc.html
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Old 11-01-2010, 12:14 PM
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****ing govt



CHEYENNE -- U.S. Rep. Cynthia Lummis says some of her Wyoming constituents are so worried about the reinstatement of federal estate taxes that they plan to discontinue dialysis and other life-extending medical treatments so they can die before Dec. 31.

Lummis, a Republican who holds her state's lone seat in the House, declined to name any of the people who have made the comments.

But she said many ranchers and farmers in the state would rather pass along their businesses -- "their life's work" -- to their children and grandchildren than see the federal government take a large chunk.

"If you have spent your whole life building a ranch, and you wanted to pass your estate on to your children, and you were 88 years old and on dialysis, and the only thing that was keeping you alive was that dialysis, you might make that same decision," Lummis told reporters.

Lummis and other Republicans are fighting to renew the Bush-era tax cuts, which expire at the end of the year. The cuts exempt large inheritances as well as certain wage income, interest, dividends and capital gains. She said the estate tax would go from zero this year to a maximum of 55 percent next year.

Lummis said the children of some people choosing death over taxes told her of their parents' decision. She wouldn't identify them and said it would be their decision to come forward.
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Old 11-01-2010, 12:31 PM
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doesn't the estate tax only apply to the top .2%? or inheritances of more than 3 million dollars?

inheritances should be taxed just like income.
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Old 11-01-2010, 12:39 PM
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Why? That income has already been taxed. If I pay all of my taxes throughout my life, and yet manage to amass a significant amount of money/property, why should my estate be taxed again if I leave that money/property to my children? The ONLY reason is because grubby socialists want to take what's mine so they can give it away to a bunch of do-nothing's...
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Old 11-01-2010, 12:42 PM
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Originally Posted by salukipv1 View Post
doesn't the estate tax only apply to the top .2%? or inheritances of more than 3 million dollars?

inheritances should be taxed just like income.
Ummm...WHY? It's already been taxed once! Just like having to pay tax buying a USED truck! Already been payed!!
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Old 11-01-2010, 09:21 PM
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Originally Posted by salukipv1 View Post
doesn't the estate tax only apply to the top .2%? or inheritances of more than 3 million dollars?

inheritances should be taxed just like income.
Have you checked land or ranch prices lately? It doesn't take much land to hit over $3M in value. What sucks is if such a family ranch is taxed at something like a 55% inheritance tax. That kind of tax rate pretty much guarantees a family has to sell the ranch just to pay the taxes. Corporations manage to avoid these problems but families don't. Somebody who has expertise in taxes, etc. could probably explain it better.
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Old 11-02-2010, 05:53 AM
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Lot of farmers around here will lose their family farms if they do not get them dished out to their kids before they die. Saw it happened before Bush killed the death tax. Dont want to die all the sudden and have a big farming outfit. It will screw your family.


Our family land is already divvied up or sold to escape haveing uncle sucker take half when one of us die.

Last edited by burniegoeasily; 11-02-2010 at 05:55 AM.
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Old 11-02-2010, 05:56 AM
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Originally Posted by salukipv1 View Post
doesn't the estate tax only apply to the top .2%? or inheritances of more than 3 million dollars?

inheritances should be taxed just like income.

You are taxed 50% on your income????
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Old 11-02-2010, 01:52 PM
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Originally Posted by burniegoeasily View Post
You are taxed 50% on your income????
I'm not. I didn't say 50% though....isn't the current highest fed income tax... 35%?? ie over $373k/year, not there yet either...
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Old 11-02-2010, 02:50 PM
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So...if you get a Christmas bonus, you would be happy to pay 35% taxes on it? Or on the gifts your family gives you for your birthday, Christmas, Father's Day, etc.? After all, that's income you didn't work for, so you should be taxed to the gills for it--right? It doesn't matter that the loved one that gave it to you worked their butts off and already paid income tax, sales tax, and whatever other taxes the gov't could apply to it--once it changes hands, there needs to be another huge tax to benefit those who rather sit on their butts than work for a living...right?
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