RE: [313] don't make estate tax permanent (OT)

2002-06-12 Thread Holly MacDonald-Korth
sorry to do this. but i strongly disagree. it greatly hurts agricultural
(farmers) families. it also disincents anyone to work hard, becuase so much
is taken away at the end. 

granted, the rich will get richer. but that will happen no matter what.

it will also prevent the current middle class from acquiring the wealth they
need to make the leap to being rich.

-Original Message-
From: Lester Kenyatta Spence [mailto:[EMAIL PROTECTED]
Sent: Wednesday, June 12, 2002 10:25 AM
To: 313@hyperreal.org
Subject: [313] don't make estate tax permanent (OT)



sometime soon, the senate is going to vote on whether to make the repeal
of the estate tax permanent.  this tax, paid only by the wealthiest of the
wealthy upon inheritance, if repealed permanently would further increase
the gap between the wealthy and the rest of us.

i don't usually ask people on the various lists i participate in to call
their senators, but i feel very strongly about this.  if you have a bit of
time to call or email your senators, and you believe the estate tax should
NOT be repealed permanently, please contact your senator:

http://www.senate.gov/contacting/index_by_state.cfm

If you want information about the estate tax (albeit from my viewpoint)
check out:

http://www.responsiblewealth.org/action_alerts/index.html


please feel free to forward.


peace
lks






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RE: [313] don't make estate tax permanent (OT)

2002-06-12 Thread Michael . Elliot-Knight

Yeah, but isn't what is really hurting agricultural families is corporate
farming?

it will also prevent the current middle class from acquiring the wealth
they need to make the leap to being rich.

I have a problem with this - making the leap to being rich means someone
else is making the fall to being poor - that money has to come from
somewhere. What is wrong with being middle class? Why is accumulating more
privately held wealth seen as progress?

MEK




   
  Holly 
   
  MacDonald-Korth  To:   'Lester Kenyatta 
Spence' [EMAIL PROTECTED], 313@hyperreal.org 
  [EMAIL PROTECTED]cc: 

  .comSubject:  RE: [313] don't make 
estate tax permanent (OT)

   
  06/12/02 12:06 PM 
   

   

   




sorry to do this. but i strongly disagree. it greatly hurts agricultural
(farmers) families. it also disincents anyone to work hard, becuase so much
is taken away at the end.

granted, the rich will get richer. but that will happen no matter what.

it will also prevent the current middle class from acquiring the wealth
they
need to make the leap to being rich.

-Original Message-
From: Lester Kenyatta Spence [mailto:[EMAIL PROTECTED]
Sent: Wednesday, June 12, 2002 10:25 AM
To: 313@hyperreal.org
Subject: [313] don't make estate tax permanent (OT)



sometime soon, the senate is going to vote on whether to make the repeal
of the estate tax permanent.  this tax, paid only by the wealthiest of the
wealthy upon inheritance, if repealed permanently would further increase
the gap between the wealthy and the rest of us.

i don't usually ask people on the various lists i participate in to call
their senators, but i feel very strongly about this.  if you have a bit of
time to call or email your senators, and you believe the estate tax should
NOT be repealed permanently, please contact your senator:

http://www.senate.gov/contacting/index_by_state.cfm

If you want information about the estate tax (albeit from my viewpoint)
check out:

http://www.responsiblewealth.org/action_alerts/index.html


please feel free to forward.


peace
lks






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Re: [313] don't make estate tax permanent (OT)

2002-06-12 Thread Nicole Slavin
i'm afraid i disagree with you. in most countries the wealth is kept within
families and passed down through generations often without having to be
earned. it maintains the oppressive hierarchy that is the status quo and
ensures that those beneath have little or less chance of progression or
gaining wealth. sometimes  this wealth can be traced back to feudal systems
and indentured labour, do you think they were fair? or what about the wealth
families built on the backs of slaves, how else does this end up as any form
of reperation?
yes, it can sometimes seem unfair and hurt those who don't seem that well
off. but this is only because most governments have their interests vested
in maintaining this order and therefore will not introduce a more equitable
sliding scale.
anyway, i don't believe in the merits of a society where monetary wealth is
the pinnacle of achievement. let's all share :)
you don't need to tell me this is off topic, but some things are as
important as music!
-Original Message-
From: Holly MacDonald-Korth [EMAIL PROTECTED]
To: 'Lester Kenyatta Spence' [EMAIL PROTECTED]; 313@hyperreal.org
313@hyperreal.org
Date: 12 June 2002 18:08
Subject: RE: [313] don't make estate tax permanent (OT)


sorry to do this. but i strongly disagree. it greatly hurts agricultural
(farmers) families. it also disincents anyone to work hard, becuase so much
is taken away at the end.

granted, the rich will get richer. but that will happen no matter what.

it will also prevent the current middle class from acquiring the wealth
they
need to make the leap to being rich.

-Original Message-
From: Lester Kenyatta Spence [mailto:[EMAIL PROTECTED]
Sent: Wednesday, June 12, 2002 10:25 AM
To: 313@hyperreal.org
Subject: [313] don't make estate tax permanent (OT)



sometime soon, the senate is going to vote on whether to make the repeal
of the estate tax permanent.  this tax, paid only by the wealthiest of the
wealthy upon inheritance, if repealed permanently would further increase
the gap between the wealthy and the rest of us.

i don't usually ask people on the various lists i participate in to call
their senators, but i feel very strongly about this.  if you have a bit of
time to call or email your senators, and you believe the estate tax should
NOT be repealed permanently, please contact your senator:

http://www.senate.gov/contacting/index_by_state.cfm

If you want information about the estate tax (albeit from my viewpoint)
check out:

http://www.responsiblewealth.org/action_alerts/index.html


please feel free to forward.


peace
lks






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RE: [313] don't make estate tax permanent (OT)

2002-06-12 Thread Lester Kenyatta Spence
I'LL MAKE THIS ONE RESPONSE PUBLIC, AND THEN TAKE OTHER RESPONSES OFF
LINE.

On Wed, 12 Jun 2002, Holly MacDonald-Korth wrote:

 sorry to do this. but i strongly disagree. it greatly hurts agricultural
 (farmers) families. it also disincents anyone to work hard, becuase so much
 is taken away at the end.

There is no proof that this hurts farmers.  I've seen the line that it
does, but have yet to see one example of a farmer that has been affected
negatively.

And exactly how does this disincentive process work?  I'm rich...and want
to give my wealth to my children.  From the standpoint of the donor, I
could make an argument that the tax will make donors work HARDER (in order
to give more money after taxes to their progeny).

But there is also another argument from the standpoint of the inheritor.
Doesn't wealth itself provide a disincentive to work?  Why would I as an
inheritor want to work if I've already been given enough money to provide
for my needs, AND THE NEEDS OF MY PROGENY?  This is actually an argument
for a larger rather than smaller estate tax...

 granted, the rich will get richer. but that will happen no matter what.

If this is the case, then an estate tax won't hurt...because whether the
tax exists or not has nothing to do with acquiring wealth.

 it will also prevent the current middle class from acquiring the wealth they
 need to make the leap to being rich.

How?  They aren't effected by the tax.


peace
lks


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