The Waltons And Estate Tax Repeal

I MAY BE WRONG, BUT...

Wasn’t Lincoln actually born in Kentucky?  Wasn’t most of his early political career in the state of Illinois--- Springfield to be exact?  I don’t ever remember a connection to the state of Arkansas.

Also WMW… must you keep running the photo of that old bag Helen Walton?  I think we’ve all had to look at it about 3 times now!

WIPING THE EGG OFF MY FACE!

OOOPS!  Wrong Lincoln!  I guess I was distracted by the Helen Walton Photo.

She does look rather hard.

She is stubborn in her views but undoubtedly true.
........the wealthy families save billions and there are others who ve to sell their small businesses to pay. The govt. should charge with respect to the earnings.

I think there should be justice when you talk about tax paying.

If wealthy families are not giving proper taxes then there should be an action taken against them.

Why they should be gvn an advantage? Everybody should be equal!

The lady iout there in picture why she is giving so hard looks!

I think there should be justice when you talk about tax paying.

If wealthy families are not giving proper taxes then there should be an action taken against them.

Why they should be gvn an advantage? Everybody should be equal!

The lady iout there in picture why she is giving so hard looks!
I am scared

Linda,
Wealthy families are paying more than their fair share in taxes.  This estate tax is another way to sqeeze a penny from the rich.  This is nothing more than class envy.  Just because they have more doesnt mean they have to give it to you.

The Rich keep getting richer and the poor keep getting poorer.  This is because the rich keep doing what is takes to get rich and the poor keep doing what it takes to become poor.

Part of what it takes to get rich, Big T, is to take it from the poor.  It’s never enough.  If the poor want a few more crumbs, they’re being greedy and selfish.  If the rich want to take a few more crumbs away from the poor to put in their massively overflowing pot and the poor complain, it’s the poor who are being selfish, not the rich.  If people want $10.00 or $12.00 an hour it’s insane and outrageous!  But if someone else wants $20 million a year, then that’s just fine and acceptable and people should mind their own business.

Anyway, small businesses and farms, etc., should not be paying too much, if at all, and the super rich should have to pay a few million.  It won’t hurt them at all.  Screw all of the Right-Wing Capitali$t brainwashed nonsense about “punishing people for being sucessful” (boo-hoo, go cry in your champagne glass while someone else cries because they’re being evicted onto the street or because they can’t pay off their insane medical bills, or.....).  People aren’t being punished for being “sucessful” if they can afford almost anything they want, never have to worry about survival or basic necessities and don’t have to work for a living (especially not having to work retail or fast food or digging ditches).  That doesn’t sound bad to me at all.  Anyone in that situation should not complain that they have to chip in a little extra than the person who doesn’t have anything.

Thank you Big T.
Big T is a salesman. He is a salesman for a Wal-Mart supplier.
Big T thinks he has skills. What are those skills? He shakes hands for a living. Yes he shakes hands. He thinks he deserves a living wage, yet his only skill is shaking hands. He thinks Wal-Mart workers deserve little because they do not have the skills (such as shaking hands) that set Big T apart from them.
Big T shakes hand.
He is a hand shaker.
Shake those hands Big T.

I have not been on this site for several months and return with a shock with seeing greedy old bag Helen Walton’s ugly mug. Does everyone know she is an alcoholic and has been arrested for driving under the influence more than one time. Alcohol and greed has not been good to her. I wonder what Sam would say if he were here. Probably the same thing he would say about the crooks currently running Wal-Mart.

Tom, name one incident where Helen was arrested.  I think you have made a dumb mistake by confusing her with Alice.  Great to see you have your facts strait.

Generic, Wealthy people should only pay the same % of their income as everyone else.  With this system they would still be paying more.

JM, You are confusing me with a car salesman.  that era has passed.  to be a salesman you have to be analytical.  I am not going to explain this in too much detail because you could comprehend it.

Big T, I obviously disagree with you whole-heartedly.  If you are going to say that wealthy people shouldn’t pay more, than why should they make more in the first place?  What’s the difference between “Everyone should pay the same.” to “Everyone should make the same.”?  The difference is that one is based on greed disguised as a concern for fairness and the other is based on egalitarianism (although I’ll admit that this is sometimes disguised envy).  I don’t believe that everyone should pay the same anymore than I feel that everyone should make the same.  However, in my opinion, people with more should pay a little more, and there shouldn’t be excessive gaps in income distribution, but if there are, to balance it out, those with more should pay more.  I just don’t see how people can keep a straight face and not see the absurdity of arguing about fairness when it comes to someone’s millions and then in the same breath denouncing those who say “Hey, we need to eat too, you know!” and trying to stop them from receiving some extra pennies.  Oh well, what would you expect from some salesman (see, you don’t like being belittled for what you do for a living, either, do you?).

Lets see now. There is the car salesman, and there is the Wal-Mart supplier salesman according to Big T.
Wow, that is some difference!

Now lets see.  I need years and years of school to become a doctor, or a chemical engineer. Or what about a computer science degree?
Hell, I think that I will be a salesman, and I will go to Wal-Mart! I will pretend that I have skills while looking down on all Wal-Mart workers for not making something of themselves.
Yea, that’s what I will do!

Big T in Rogers 1998-05-30
Springdale, AR
Big T, if you can read, check out this article.

The 48 year old daughter of Sam Walton was found guilty on May 29th. of driving while impaired, failure to wear a seatbelt, and failure to maintain control of her car, and refusing to take a blood alcohol test. Alice Walton, whom the media refer to as “the second richest woman in the nation” (her mother, Helen Walton is the richest), was charged with traffic violations in late January, when her late model SUV “careened off a road and destroyed a gas meter and telephone box,” according to the Associated Press. Walton broke her nose in the accident. A police report indicated that Walton told police: “You know who I am, don’t you? You know my last name?” Springfield city attorneys offered Walton a plea offer of $350 in fines, $300 in court costs, and two days of community service. Instead, Walton hired a public relations expert, at least two lawyers, and lined up 16 witnesses to testify at her trial. City Attorney Jeff Harper questioned Walton’s decision to go to trial. “If she wins,” he said, “she loses from a public relations standpoint.” Walton hired Arkansas lawyer Woody Bassett, a friend of President Bill Clinton. Walton claimed to be innocent of the DWI charge. Police at the scene gave Walton “an eye gazing test” that showed six signs of illegal intoxication. Alice Walton is scheduled to be sentence on July 2, and could face a year in jail and a fine of $1,000. Walton is estimated to be worth more than $6 billion. Profits from Wal-Mart stores have made Alice and Helen Walton the richest women in America.

What you can do: Don’t drink and drive. Don’t shop at Wal-Mart, and don’t keep feeding the machine that feeds Alice Walton.

Speaking of knowing how to read...

John, you might check Big T’s post again.

Also, the personal lives of the Waltons should have no bearing on how one does business with Wal-Mart.

Generic-

“Part of what it takes to get rich, Big T, is to take it from the poor.”

Obviously if some people are rich others will be poor. The only way to avoid this is for everyone to receive the same. The result of such a system is that there is no incentive to do anything. Why work harder if you don’t get anything? Why work at all if you know you’ll get a slice of the pie regardless?

“It’s never enough.”

Maybe you’re right there.

“If the poor want a few more crumbs, they’re being greedy and selfish.”

No one is saying that it’s selfish to want to have your basic needs met; what we have always been saying is that it is selfish to make irresponsible life choices and expect to be compensated for them or refuse to work to get these crumbs you speak of.  Everyone is able to contribute something to society and, unfortunately, they have the freedom not to do so if they wish. Poverty is the cost of choosing not to be responsible for your actions and contribute as much as you can to the world. Perhaps you would prefer my system: Everyone’s needs are met and they are forced to contribute as much as they can to better the nation. Those who can contribute more receive more for their efforts. Guess what happens to those who can’t pull their weight…

“If the rich want to take a few more crumbs away from the poor to put in their massively overflowing pot and the poor complain, it’s the poor who are being selfish, not the rich.”

You know what? You are as guilty of generalizing with regard to the rich as you claim Big T is in discussing the poor.

“If people want $10.00 or $12.00 an hour it’s insane and outrageous!”

You are right. This is outrageous. How many times must we explain how the market determines the price of labor? Will you guys ever realize that the market is saturated with unskilled labor? Think about what could happen with a $12.00 minimum wage. Big companies cut as many jobs as they can and raise prices to save money. Small businesses that cannot afford to pay close. Others raise prices to offset, but cannot compete with the big boys and go out of business. That’s a huge loss. Then, the market adjusts. What do you think happens to the wage rate for those presently making $12.00? Eventually, we end up with a weaker dollar (it buys less) and fewer people with money. Now it is possible that those who keep their jobs are slightly better off, or, maybe, the market will eventually settle back to a point with $12.00 having the buying power of $5.15. Obviously I can’t say for sure (it’s theory), but every economic textbook I have seen indicates that such an increase would be extremely bad.

“But if someone else wants $20 million a year, then that’s just fine and acceptable and people should mind their own business.”

People should mind their own business about what anyone makes, whether they make minimum wage at McDonald’s or $20 million as a CEO. How many people can honestly run a company? Not many. There is high demand for quality CEOs, but a small supply, forcing companies to pay more. I will admit that greed plays a part here, too; however, if more people were able to do the job, the wage would stabilize.

“Anyway, small businesses and farms, etc., should not be paying too much, if at all, and the super rich should have to pay a few million.  It won’t hurt them at all.”

You’re correct again. It probably wouldn’t hurt them. The question is whether or not it is right to take from those who have earned it.

“Screw all of the Right-Wing Capitali$t brainwashed nonsense about “punishing people for being sucessful” (boo-hoo, go cry in your champagne glass while someone else cries because they’re being evicted onto the street or because they can’t pay off their insane medical bills, or.....).”

Would you think this way if you weren’t stuck in some nothing job at Wal-Mart? If you were successful, or perceived that you could be, would you talk like you do? Look out, Generic! Your envy’s showing.

“People aren’t being punished for being “sucessful” if they can afford almost anything they want, never have to worry about survival or basic necessities and don’t have to work for a living (especially not having to work retail or fast food or digging ditches).”

So, it’s not stealing if I break into a rich person’s house and take money as long as it’s not enough to change his standard of living? I’ll keep that in mind…

“That doesn’t sound bad to me at all.”

Of course it doesn’t, my covetous friend.

“Anyone in that situation should not complain that they have to chip in a little extra than the person who doesn’t have anything.”

I ask again: How is this fair?

“If you are going to say that wealthy people shouldn’t pay more, than why should they make more in the first place?  What’s the difference between “Everyone should pay the same.” to “Everyone should make the same.”?  The difference is that one is based on greed disguised as a concern for fairness and the other is based on egalitarianism (although I’ll admit that this is sometimes disguised envy).”

Wow! How warped can you get? There is a HUGE difference between earning money and paying taxes. You’re assuming a lot to take Big T’s argument for a flat tax and twist it into support of socialism.

“I don’t believe that everyone should pay the same anymore than I feel that everyone should make the same.”

So you are a socialist. (Taking into consideration your other posts, I don’t see how I can interpret that line, the way you have phrased it, any other way.)

“However, in my opinion, people with more should pay a little more, and there shouldn’t be excessive gaps in income distribution, but if there are, to balance it out, those with more should pay more.”

...so that everyone makes about the same…

“I just don’t see how people can keep a straight face and not see the absurdity of arguing about fairness when it comes to someone’s millions and then in the same breath denouncing those who say “Hey, we need to eat too, you know!” and trying to stop them from receiving some extra pennies.”

See above. You are repeating yourself here.

“Oh well, what would you expect from some salesman (see, you don’t like being belittled for what you do for a living, either, do you?).”

Consider this. Big T is satisfied with his job. Are you?

Someone in USA.  How someone conducts their personal life is a reflection of how they will conduct their business life. She got drunk and used her vehicle as a weapon and damaged property. That is a definite disregard for society. That property could have been a person struck and killed. Read the article....she did not follow instructions from the police after being stopped. I was a police officer and encountered people like her that think they are above the law. I have great praise for the policeofficer in that location that did not allow Alice’s money and who she is influence his/her decision to enforce the law.  So, if she is going to show such reckless regard toward the laws she broke in the presence of a policeofficer.....what is she going to do to other members of society?  Is this the type of person we want representing one of the largest employers in the world? No, we don’t need such a reckless person and it is obvious because Wal-Mart’s employees are treated with such reckless regard.

The world is saturated with salesmen (and saleswomen)...yet Big T thinks he should make a decent living.

Bill, just how exactly does Alice represent WM???  Other than being a Walton, does she have anything to do w/the company?

Oh sorry Michael. Just being a Walton doesn’t mean anything!
As if you WM managers wouldn’t show the ultimate respect (and fear) for her when she walks into the room because of who she is.

Stop playing the game.

Michael D.-

It seems as if they will never understand. What do you expect from a bunch of economics dropouts?

Careful Someone
Your talking to Michael......a Wal-Mart manager. Please remember he is one of those low lifes that pulled himself up through the system to “make something of himself” as you WM supporters like to say. He could be one of those school dropouts.

JM-

If I recall correctly, Mr. D. has a master’s degree in accounting. What are your qualifications for criticizing Wal-Mart as you do?

I think everyone here is confusing Estate Taxes and Income Taxes. The argument in favour of Estate Taxes is that Sam Walton created all the wealth thru his hard work, and no one taxed his estate as long as he was alive (he only paid his fair share of income taxes, but no estate taxes). The estate is being taxed only when it is being passed on to his children, who did not do the hard work required to create this wealth.

Someone Else-

I don’t think anyone is confused; the discussion merely migrated to income taxes. You state our point on the estate tax perfectly when you say, “he only paid his fair share of income taxes.” Why should it be taxed again just because he died?