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In reply to the discussion: NY Times Op-Ed: Tax Wealth, Not Income [View all]brokechris
(192 posts)30. I'm not sure I get it
my name is broke (because I am out of work and on the verge of bankruptcy) and Chris (because that is my name). My screen name has nothing to do with privacy. OOOPS sorry--you were addressing the previous poster. My eyesight. Apologies.
But yes--I believe in protecting people's freedoms. That is actually one of the reasons that I consider myself a progressive.
But I will say that some of this sounds less like Democratic thoughts and more like totalitarianism. Spying on people's bank accounts? Even killing people (an earlier poster)? I am not down with this.
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Yet this can be a problem esp. for elderly who own their house or farm yet have
SharonAnn
Nov 2012
#15
and we can't kill them either, obviously. That's why it's such a thorny problem.
librechik
Nov 2012
#34
aren't bank transfers over a certain amount, maybe $1K, already flagged? by homeland security? eom
amborin
Nov 2012
#37
AFAIK, that's already the case. Bank accounts have required your 'SS# or Tax ID#' for years.
freshwest
Nov 2012
#35
Most people I know have no saved wealth... the entire paycheck goes to bills...
Comrade_McKenzie
Nov 2012
#21
My 88-yr-old mother, as well. Lives really frugally, so she can have some U.S. bonds.
WinkyDink
Nov 2012
#28
The virtual elimination of the inheritance tax, something the Founders approved of, destroys that.
freshwest
Nov 2012
#36
Well, there are a whole slew of retireees like me---from public education---who think this is a bad
WinkyDink
Nov 2012
#27
I do find it fascinating that now that the top marginal rate is likely to go back to 39%
Warren DeMontague
Nov 2012
#32