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mnottertail -> RE: Born Rich (9/24/2010 1:31:22 PM)
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I don't know that level, however; the government never did, nor never will 'take it all'.
My idea is that if you have a FAMILY business, that is, you and yours are in it, and you croak, pay off the building with the cash that you would have needed to suck soup had you not cakked, and the asset distributed to the rest of the working family/partners....cool.
The problem being in my mind, if you sold your company, stuck your money in the bank instead of working it, then want to pass it on to your family to sit on, well here is the biggest reason why not:
I have to work for my living, I have to make my money, I have to live on it, and I have to be productive.
Out of that you want to jack up and sell me 4 and 5 dollar gas leading to windfall profits, you want a disproportionate share of tax hideouts, sell me shoddy merchandise,give your CEOS outlandish bonuses while raising prices, hiding money and tapping my wallet, then when the shit hits the fan and you go on the downside and I bail you out ......and I ain't got no more to give and you decide that you should pick up stakes and go cheaper, as well as sitting on a pile of money that was given you to work in the economy (that was the tax break) all the while as a corp sitting on a fucking pile of money and not doing a fucking thing for the engine of the economy, and I gotta consume to be a good american and I gotta cash in my 401(k) at penalty to survive, I would say we are looking at the same fucking deal, you took the deal, you didn't do the bit, you pay a penalty.
I have made it clear, small business and privately held corporations are a different breed of cat than large business and stock held corporations.
There should be a better cutoff than the mill or whatever it is to target the fuckweasels, but thats where we are.
And Paris and Barron do not fit into small family run business. He made his money the old fashioned way, he sued the family and the foundation for it. He used the law, and now the law uses him, who should cry? Not Paris.
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