Hatman 🍁
EarlAW
Atlas Star
Posts: 26,032
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« on: January 27, 2012, 04:24:24 PM » |
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It disincentivizes people to be successful.
That is a lie.
Reporter: Hey Mr. Gates are you going to start Microsoft?
Bill Gates: No.
Reporter: Why not?
Bill Gates: Estate Tax.
Reporter: I don't get it.
Bill Gates: (sighs) If I start Microsoft and have to pay estate tax decades from now when I'm dead my heirs will only get $30 billion instead of $60 billion. What kind of person would relegate their children to living on $30 billion?! I simply can't do that to them.
Reporter: But I thought you were going to give most of it away anyway?
Bill Gates: That's irrelevant.
Reporter: But if you don't start Microsoft your children will have to live on a lot less than $30 billion.
Bill Gates: Again that is irrelevant. You must be a dumb ass Democrat liberal that doesn't understand economics.
The End.
I'm afraid this is too stupid to be worth my time in responding. I suggest you take a basic course in economics (or maybe just try thinking a little) and you might get how this actually works.
Like clockwork.
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