One of the key beliefs of Marxist ideology is no one should own property privately, and one way to erode private ownership is to destroy inheritance.
President Biden has proposed a new death tax to help pay for his $3.5 trillion social welfare expansion and to further the ideology of envy and theft — socialism.
He is getting resistance from Congress, including a top farm state Democrat who warns that the tax will hurt family farms, The Washington Times reports.
The proposal would change the way capital gains are calculated on inherited assets worth more than $1 million. It will take a larger bite out of inherited stocks, real estate, businesses, and farms.
Bernie Sanders’ $3.5 trillion ‘human’ infrastructure bill includes the destruction of the right to inheritance.
It’s explained briefly in this clip from Stinchfield:
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Republicans continue to be stupid. Do they only speak to their “donor class”. I heard them once again speaking on “tax cuts” in response to this legislation. If they are wanting to reach “voters”, they need to learn the state of those voters. If nothing else, look at IRS statistics. There’s a good percentage of ‘voters’ who pay no (Zero)… Read more »
Almost 50% of Americans don’t pay taxes now which is why they vote Democrat. Republicans need to educate Democrats to the fact that Business passes taxes to the customer which is why their grocery bills and rent is so high. Reduce the size of Government and everyone’s cost go down.
No property should be taxed. We shouldn’t have lease something we own from the Government. The problem is the 16th Amendment since it removes all safeguards against the Government Taxing everyone into poverty.
Private property is the original source and basis of all inequality.
Jean-Jacques Rosseau
Perhaps you could enlighten us on how, exactly that is the case? Or do you simply repeat a quote you recall from a college class.