Comments on: Ralph Nader: ‘A Novel Idea’ http://www.independentpoliticalreport.com/2009/09/ralph-nader-a-novel-idea/ Covering America's third parties and independent candidates since May 2008 Mon, 13 Feb 2012 18:15:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Gene Berkman http://www.independentpoliticalreport.com/2009/09/ralph-nader-a-novel-idea/comment-page-1/#comment-109009 Gene Berkman Mon, 28 Sep 2009 02:07:50 +0000 http://www.independentpoliticalreport.com/?p=10338#comment-109009 Mr Buffett is well known for advocating high inheritance tax rates, applauded for doing so because he is so wealthy. Some time last year Reason Magazine exposed the fact that Buffett makes lots of money buying assets from people who inherit non-liquid wealth and then have to pay inheritance taxes on them. Inheritance taxes are a big threat to independent business, and corporations are the beneficiaries. Corporations, as permanent legal persons, don't face questions of death which would invoke inheritance taxes. Inheritance taxes as championed by Buffett and Nader hit privately owned business hard. Mr Buffett is well known for advocating high inheritance tax rates, applauded for doing so because he is so wealthy.

Some time last year Reason Magazine exposed the fact that Buffett makes lots of money buying assets from people who inherit non-liquid wealth and then have to pay inheritance taxes on them.

Inheritance taxes are a big threat to independent business, and corporations are the beneficiaries. Corporations, as permanent legal persons, don’t face questions of death which would invoke inheritance taxes. Inheritance taxes as championed by Buffett and Nader hit privately owned business hard.

]]> By: Brian Holtz http://www.independentpoliticalreport.com/2009/09/ralph-nader-a-novel-idea/comment-page-1/#comment-108962 Brian Holtz Mon, 28 Sep 2009 00:07:32 +0000 http://www.independentpoliticalreport.com/?p=10338#comment-108962 Isn't that equivalent to saying the government should have zero authority to collect revenue? In a few cases, not writing a check might be testament to their grasp of how non-excludability leads to free-riding on public goods (like national defense) and tragedies of the commons (like pollution). For example, I don't think the government charges high enough pollution taxes, but I don't write the government an extra check beyond what they already take out of my income. I don't think that's hypocritical. Isn’t that equivalent to saying the government should have zero authority to collect revenue? In a few cases, not writing a check might be testament to their grasp of how non-excludability leads to free-riding on public goods (like national defense) and tragedies of the commons (like pollution). For example, I don’t think the government charges high enough pollution taxes, but I don’t write the government an extra check beyond what they already take out of my income. I don’t think that’s hypocritical.

]]> By: David Aitken http://www.independentpoliticalreport.com/2009/09/ralph-nader-a-novel-idea/comment-page-1/#comment-108930 David Aitken Sun, 27 Sep 2009 22:38:31 +0000 http://www.independentpoliticalreport.com/?p=10338#comment-108930 Anyone who thinks the government should have more money is free to sit down and write them a check. That so few do is testament to their hypocrisy. Anyone who thinks the government should have more money is free to sit down and write them a check. That so few do is testament to their hypocrisy.

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