/biz/ - Business & Finance

>>51372046
>to avoid erosion of the royal family's wealth

Someday these people will get seriously hurt.

>>51372046
why is the UK government not hanging for implementing an inheritance tax in the first place?
that's satanic

>>51372046
hahahaha our dear leaders are all exempt from all the rules they foist upon us

this is why we used to have guillotines

>>51372061
also notice how normies will their typical sassy drone response "those elites should pay their inheritance tax like the rest of us"
instead of complaining about the existence of an inheritance tax

>>51372070
You fags never killed your royals, now you pay for it

>>51372046
Bong bros we alrite?

there's inheritance tax?
what if you inherit a house?

What about the erosion of regular person's health?

>>51372075
This.
Inheritance tax is an evil we voted for.
The absolute retardation of plebs.

>>51372075
that’s NPC mindset right there

>>51372100
If the value of the house is high enough to meet the minimum for the inheritance tax and you don’t have the money to pay the tax the government makes you sell the house to pay the tax. It is evil.

>>51372046
Erosion for thee not for me

>>51372100
How the fuck is this a thing? I left England years ago but will someday get the house, fucking vultures. So you pass your house down a few generations eventually it is taxed to nothing. Fuck I hate England.

Time to burn down 40% of their wealth I guess?

If people don’t do anything about this then gg the people with long noses and funny hats win again.

>>51372185
>If people don’t do anything about this then
What makes you think they will? Every fucking woman alive wishes she was duchess of wales or whatever

>>51372160
>new zealand
At least my kids won't get jewed.

>>51372160

the absolute state of the uk

>>51372046
This inheritance tax is how you end up with this situation -
https://www.financialexpress.com/industry/more-indians-own-property-in-london-than-the-english-heres-why-indians-buy-property-in-uk/2652960/

>>51372046
Am I being baited? Why does it matter of the government pays tax to itself?

>>51372212
Good morning sirs

>>51372046
>HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHAHAHAAHAHAHA!!!!

>>51372046
FUCKING 40% IS THAT FUCKING SERIOUS????

>>51372046
Love monarchy
Hate British royal family
But hate taxes even more
Simple as

>>51372046
Why do retarded Brits pay for these welfare Kings and Queens, it's so retarded.

>>51372046
>bongs will defend this

>>51372075
>>51372160
Only 40% on estates valued at more than half a million pounds to pass to kids, 0 for spouse. And only on the amount above that threshold. The inheritance tax barely effects regular people.

>>51372046
What if she kept her jewels in the caymans?

>>51372046
Wait so any time some millionaire dies if they would tax his money the normal way when it`s passed down they BASICALLY FUCKING ROB 50% FROM THEM there`s NO WAY this is ACTUALLY HAPPENING what are these shitsniffers doing to evade this?
They OBVIOUSLY have some fucking scheme to get around that.

>>51372077
American education

Who is Cromwell for 200 alex

>>51372203
Don’t sell your house for two years then you can sell it lmao NZ is ez pz mode for wealthy people.

>>51372291
just renounce your citizenship and move to another country that doesn't ass rape your corpse.

>>51372284
See above ^
>>51372291

>>51372077
https://en.wikipedia.org/wiki/Glorious_Revolution

>>51372160
>jews implementing this (((law))) back in the 90s : "don't worry goyim, it will only hurt the richfags, we set up the threshold high enough for you to never get taxed, only millionaires own a £320K house"
>*constant erosion of the currency occur*
>your former £80K house is now pricetagged at £450K, even though it's the exact same, but older and in shittier condition
>push you in the next tax bracket even though you still are a poorfag
>gets you raped with property taxes
>"hey gentile, once you die, don't forget about the 40% teehee"

They pulled this trick over and over and over again. On about everything.
>you aren't the target, don't worry goyim!
>*end up being the target anyway*

>>51372281

yeah and when both parents pass away you still have to pay the tax you fucking retard. and since when does “no one” own property less that 325k, pretty sure most middle class houses or worth more than that and if they are that’s an instant 40% haircut on their value you absolute waste of space fucktard

>>51372075
now this is redpilled.
too busy being angry why others are not suffering like you and forget who the fuck made you suffer in the first place

>>51372281
>0 for spouse
You know the spouse end up dying too at some point (and very soon after in the vast majority of cases), correct? Fucking kike.

I am feeling civil war across the corner

>>51372281
ah yes the impossibly high amount of half a million pounds, nobody will ever be affected by that other than the unimaginably wealthy

>>51372046
Based, inheritance tax is a fucking scam, my ancestors didn't bust their asses so some nog could get free gibs when they die

>>51372281
I checked it in Germany and it very much does affect regular people, siblings only have an allowance of 20k €, they start taxing up to 30% inheritance at 75k € and starting at 13 Mil you can actually get taxed 50% if you happen to be in the wrong tax class.

>>51372281
>dont worry this total bullshit wont affect you....for now hahahahhahhahahahahah
you give them an inch they will take a mile. you need to deal with bullshits when they happen

Taxing inheritance this much is just wrong

>>51372291
>They OBVIOUSLY have some fucking scheme to get around that.
Of course. Usually they create a """foundation""", gift the real estate to it, then name themselves at the head of the foundation. Voilou, you now can dodge taxes as you aren't the owner, only the administrator.

I'm glad my country doesn't tax inheritance. Though if it's cash it's treated as income.

>>51372160
Can you legally marry one of your kids to avoid the tax?

>>51372298
>>51372326
>centuries ago
You’re all so jam packed with onions and anti depressants that none of you will ever do anything impactful. Bongs are really the most enslaved and they don’t even realize it

>>51372075
>"those elites should pay their inheritance tax like the rest of us"
like the other anon said
inheritance tax is laughably unenforceable for the "real" rich people because they can circumvent it 380 different ways but the average schmuck can't, but the average schmuck isn't really paying an inheritance tax to begin with because they have low 6 figure net worth
ideally it should exist and be enforced to crypto kikel demons like in the OP
may her corpse rot in shit

>>51372484
>Bongs are really the most enslaved and they don’t even realize it.

>>51372056
You won't do anything, you niggercattle peasant.

>>51372061
>why is the UK government not hanging for implementing an inheritance tax in the first place?
>that's satanic
Those that can afford to, and with the family structure to support it, downgrade their home, slowly reduce their possessions to bare essentials and help their children invest in homes etc.

wow it’s like they’re literally royalty

>>51372563
>muh royalty
fuck off you worm

>>51372046
Why europeans love taxes so much jesus christ you guys are fucked up

>>51372497
Who has guns and who doesn’t? Remind me

>>51372634
I'm not British and are you seriously saying there's no infringements on the second amendment?

>>51372634
>a kid can go to the grocery store and a semi-automatic rifle and ammo
>still too coward to overthrow some oldmen and their fake goverment
Is this your powermove cucked faggot?

>>51372046
>fake tweet with no source
>300 reply thread
NICE SOURCE NIGGER.

>>51372281
>Only 40% on estates valued at more than half a million pounds to pass to kids
You really cannot fathom that after ~80 years of life you wouldn't have half a million to pass on? I'm 33 and I already have half a million and I got my first job at 30. I imagine by the time I am 80 I will have millions to pass on.

you dumb fucks, tax payers would just have to make up the difference to make the royals equally as rich.
this is a nothing burger

the aristocracy has never paid taxes thats for the slaves

>>51372046
Lmao bongistani truly are a slave people.

>to avoid erosion of the royal family's wealth
Yeah. I mean. That's why none of us want it. Not sure why it exists for any of us.

>>51372046
>Taxes exist solely to attack the populace
We know. You can't understand business and finance and be pro-government

>>51372046
" rules for thee but not for me :) "

>>51372281
Normal town houses go for over half a million by now, city propertoes for over a million easy and you tell ne it doesnt affect normal people? Lmao

>>51372281
Can’t you just make one of your kids legal owners of the house so when you die they don’t really inherit anything.

>>51372281
>passes estate to wife
>she marries another woman on paper
>that woman marries my son after a "divorce"
>she passes it to my son
Nothing personal gunvor

>>51372337
basado

>>51372046
>40% of the value of a house over 350k
Holy shit that is so satanic. I need to get out of here asap

Inherit???? Nah, I bought it FO FREE

>>51372046
BWAHAHAHAHAH
Fucking BritCucks lmao
I just woke up, thanks for the laughs

>>51372682
You realize if they really were taxed 40% and they actually paid that their family would have lost almost all of their wealth by now, right?

Holy fuck imagine getting taxed FOURTY PERCENT on money that was already taxed just because you died. Not even Canada has that shit, Europe is truly cucked.

>>51372046
Yes, that's been a thing since forever. Europe recognizes noble blood lines and gives them tax/property breaks because without them, 99% of castles in Europe would need to be torn down or repurposed since none of the noble bloodline owners would be able to afford them, which despite the breaks many of them still can't afford them and end up donating them or some such.

>>51372046
rules for thee, not for me.

SLAVE

>>51372046
>>51372056
how do I avoid erosion of my family's wealth too?
we live in a democracy bt w

>liberals vote in inheritance tax to fuck the rich
>the rich just put in a clause to exclude themselves
GAHAHAHA get fucked retards

>>51372634
Yet you got your election stolen and did nothing about it. You can own a fucking F22 in your garage it changes nothing when americans have nothing between their legs.

>>51372061
What’s stopping old people from selling off their homes to convert it to cash and give it to their kids discreetly? I don’t see how a government could keep tabs on assets they aren’t aware of.

>>51372160
>325k threshold
So literally anyone that owns a house and is debt free? What the fuck lmao these people need to be robbed in Minecraft

>>51374013
Audits maybe, but the rich have more time and resources to do clever avoidance schemes.
wagies are too dumb & overworked to figure those things out.
at some level you have to admire the simplicity of it all. staying on top is easy when the competition hangs itself.

The problem is not the queen and the new king not paying taxes, but the bongs really have a 40% inheritance tax? WTF

>>51372634
>3000 types of assault rifles
>even the most genetically defective leftist has weapons
>never use them
>they instead kill people at the grocery store, burn some nigger neighborhood because raycism, storm the capital by taking selfies in fursuits, organize failed autonomous zones and more dumb bullshit
You fags really deserve hyperinflation to eat you alive.

>>51374032
Maybe but even if they catch you with 30 Rolex watches with no receipts what are they gonna do, demand half of them or force you in court to sell them to pay them the money they think you might owe? It’s definitely a ba law but I feel like there are plenty of ways to get around it easily enough. I never paid taxes on Mercari sales and Crypto transactions for tens of thousands over the years even though I was supposed to here in the US.

>>51374033
Depends on the value:

>Inheritance Tax rates
>The standard Inheritance Tax rate is 40%. It’s only charged on the part of your estate that’s above the threshold.

>Example
>Your estate is worth £500,000 and your tax-free threshold is £325,000. The Inheritance Tax charged will be 40% of £175,000 (£500,000 minus £325,000).

So this is why a lot of old people give shit away to family.

>>51374051
>>raycism
Your people really still aren’t trying to use that angle for Americans are you? I’ve seen videos of Europeans trap Gypsies like rats in cages and assault African immigrants.

>>51374013
capital gains tax

>>51372337
This. The fucking amount is hard coded into the rules but your money is worth 10% less every year. If grandparents are on the way out they can’t even gift it down to the kids because all gifts under 10 years prior to the death are also taxed.

As a goyim you can’t win

>>51372056
nobody's gonna do shit because everyone is a docile cattle.

>>51374093
you can use imaginary internet money between your kind and rent everything to avoid taxes
can't be taxed if you own nothing

>>51373745
this anon will be rich in the future

>>51374145
He's going to marry his stepdad?

>>51374013
You’re not going to believe me but we are literally one more psyop away from cash being gone my fren. You can look and see numerous venues going cashless for the younger folks. They are already conditioned to digital payment + owning nothing anyway. I don’t know if it will be cybercovid or what but the powers that be will kill cash way sooner than anybody expects. The ongoing “cash shortage” ever since covid started was meant to help phase things out. Of course grey markets will always exist but with Palantir in play I’m not sure what’s gonna happen

>>51372527
people will seethe at your comment, but you are absolutely correct.
the invention of (((democracy))) is the perfect ploy to keep the peasants from storming the castles and removing the corrupt aristocrats ever again.
Back in the day, the peasantry used to regularly remove corrupt kings.
Now, with democracy, the peasants are given the illusion of choice between candidates, all of whom are obviously chosen by the elites to play their little puppet parts in the show.
The goyim are easily fooled by the shadows in the cave.
The goyim refuse to climb out of the darkness of the cave and into the real world outside.
The digital age has only reinforced this proverbial cave.
Those who are not outside of the cave by now, will NEVER make it out. It is over.

>>51374068
I know you're retarded but what i wrote is not a moralistic statement, what whitey does against gipsy thieves and niggers is nothing than what they do to themselves when left alone.

Based, tax is for the commoners

>>51374153
and he will be cheered on for it all the while avoiding the tax.

>40% tax on inheritance
LMAO ENGLAND IS SO ZOGGED

>>51372634
uh oh your comment sounds dangerous, red flag red flag the fbi will take your guns now

>>51372634
Based American using his guns to fuck over and enslave white people for jews.
Muuuurriccaaa

>>51372160
Make a non-for-profit and invest the money. Give a smaller percentage than you would pay in taxes to a children’s hospital (feelsgoodman). Get an admin salary.
Rules of the game are fucked but that’s the play.

>>51372281
>I’m a paycheck to paycheck serf so everyone else I consider „normal” is like that

>>51372056
You vill do nothingz. Now eat ze bugz

>>51372046
>and then we told them it's TAX free

>>51372075
There is no hope for them.

>>51373887

>>51374155
A few decades from now the silk road will be moved with the grease of paper money

>>51372061
Because the goal of fabian socialism is to restore feudalism

UK / EU are Mensheviks Russia and China Bolsheviks.

US republicans and some latin american third position movements are the only ones that give a fuck about prosperity and freedom

>>51374013
>he doesn't know about the 7 year rule
Oh no no no
Whatever you do, you VILL get taxed on assets that have already been taxed thrice, plebcattle!

>Buy bullion
>Split it in even parts for the ones left behind
>Tell loved ones about it
>Let them take it once you die with the condition that they do not tell the state.

>>51374013
even better: make it so that you "buy officially" the homes from your parents for 1$.
A funny loophole that makes the government seeth

>>51372484
Nigger, in the US you get taxed on giving money to your family/friends when you're still alive, never mind when you die.

>>51372075
This. All the normies always gribe why the elites get to dodge stuff instead of askign why they have to pay it. Theyre upset with Bezos and musk yet ignore the federal government has $4 trillion in taxes every year that are wasted on garbage. Why dont you get the feds to spend the money correctly instead of getting upset with musk.

>>51373745
What’s stopping your wife’s wife to rugpull your entire dynasty?

>>51374753
topkek, didnt know that muttland is so insane. If you live in a Europoor country >>51374745 still applies

>>51374013
the literal only loophole around it is having friends in the audit system.
When my parents died, my sister and I had to pay a laughably small amount of inheritance tax because they estimated the house/inheritance much lower than it was.
Extremely thankful for it, because we both were literally under 20y but still, shows you how fucked this all is

>>51372281
This faggot glows like Chernobyl

>>51374690
Gigachad take on mensheviks / bolsheviks , surprised to see it posted here

>>51374745
Doesnt work, theyre not that stupid, you can undervalue to property to a certain exempt but not that much

>>51372281
> The inheritance tax barely effects regular people
> Does not affect poor
> Ultra rich are exempt by special clause to prevent erosion of family wealth
Oh gee I wonder which families is this tax is aimed to erode again

Good citizen, pay your fair share like everyone is supposed to. No not me that's eroding my family wealth

>>51372046
lol should have hanged her and the whole royal family, what a fucking disgrace that people in XXI century still support any form of hereditary privileges

>>51372075
There's a time for everything. I'm against most taxes but I don't get why I should be happy when only a few people can avoid them.
Do you think the middle class losing a fortune when someone dies because of real estate bubble are in favor of this tax ?

>>51374758
Bezos and Musk spend 10s of millions on bribing those politicians, how are we supposed to compete ?

>>51372160
>taxed on the estate's value
Not on the gain? If the value was 1 million and there was a 95% mortgage in place, selling the property won't raise enough to cover the taxes.
Equity release reverse mortgages are a thing for retirees.

>>51374779
>>51374745
countries aren't retarded m8. In the netherlands for example, probably in other countries too, the difference between the price the municipality decides for the house (WOZ), and the selling price will be considered as a gift, and gifts are taxable events.

even moving a home to a trust fund or other 3th party entity will fuck you over because you have to pay 8% in transfer tax for homes. So that only makes sense for homes that are at least over 1 or 2M, but i only recommend if you have at least 3M to transfer over to others, you have to consider all the costs for the legal-entity constructions you have to maintain for this as well.

your best bet is to just make them sell the house to (unironically) buy monero and just trade it though private wallets (not a DEX) to your family, leaves no trail. rich fags used to do this in traditional black currencies trough paintings and other small valuable assets like jewelry because it's easy to transfer ownership without leaving a trail. hell, even horses were used for this, cause who can show the tax man which horse is which price and who is the exact owner? Everything that's hard to track for the taxman is being used for this.

>>51374758
AHOY

>>51373887
>we live in a democracy
No, you live in THEIR democracy, this is different from A democracy. Note their careful phrasing whenever it's mentioned: "our democracy." You're not in it (neither am I to be fair but I'm just pointing it out).

>>51372046
What does the HM stand for in HMRC. There's your answer

40% seems super high.

Wouldn't it be way better to sell off assets, pay any capital gains tax (while you are alive) and then give the proceeds to your kids?
Then there is no inheritance to tax.

>>51372046
Doesn't the British government exploit their wealth already? And then just covers their expenses.

>>51375035
You can just gift your assets to your kids while you're alive.

>>51375049
She has personal assets, that's what we're talking about.
It's 300-500 millions pounds (can't exactly know because she bribed the gov so there's a special law for them so it's kept secret) in stocks and real estate.
There's absolutely no reason she's exempted for that except lobbying. Just like Bezos had a covid exemption because his employees packing funko pops and dildos were essential workers.

>>51374948
>Bezos and Musk spend 10s of millions on bribing those politicians, how are we supposed to compete ?
Stop voting for the same dino boomer retards.

>>51372773
weird larp

>>51372234
Absolutely disgusting 40 fucking percent i genuinely hate the uk

>>51372092
Jus finkin bowt queeny

>>51372046
cuckservatives and bootlickers will defend this.
You'd probably let Charles take yer ol mum rawdoggin

>>51372046
Only the Plebians have to pay those taxes.

>>51372046
Rule for thee, not for me!

>>51372219
because the money from the taxes would then (well, more like should then) go back to regular people in some beneficiary way. the idea behind taxes is to collect money to build a better country. doesnt really work that anymore bc corruption

>>51372281
>estates valued at more than half a million pounds
That's every dilapidated shack in niggertown soon with how prices are developing. You WILL get rekt by bracket-creep.

Inheritance tax is savage and you can tell who's poor as fuck with zero aspirations by whether they support it/think it's a fun way to fuck with "rich people". My parents were just school teachers, just basic classroom school teachers - and my mum only worked for about 15 years total after raising us kids full time. They have still got way over the IT threshold if you count their house, savings etc. It's actually a pretty low bar and only actual poor people aren't caught by it.

>>51374949
>If the value was 1 million and there was a 95% mortgage in place

Then your equity is only 20k, obviously, so that's below the threshold.

>>51373887
hide your money in the same off-shore accounts that all the rich and corrupt people use to cheat taxes. alternatively, overthrow your government and reform the tax code.

>>51374001
>when americans have nothing between their legs.
not true at all. we have tails between our legs.

>>51375614
Boo hoo you can only inherit 6-700k tax free. Why are you crying about it? You do realise most people won't even have this 'problem' until they are 60+ years? Pathetic.

>to avoid erosion of the royal family's wealth
what the actual fuck?
what about the erosion of my children's wealth?
entitled much?

>>51375675

poorfag confirmed. My net worth is in the region of 100x that of my parents' so it's of almost no practical matter to me. But, not being an animal, I can still recognise injustice when it isn't directly happening to me right at this moment. That's what tells me you're a nigger - you wouldn't even know a knife hurt until you got stabbed.

>>51375675
poorfag confirmed. My net worth is in the region of 100x that of my parents so it's of almost no practical matter to me. But, not being an animal, I can still recognise injustice when it isn't directly happening to me right at this moment. That's what tells me you're a nigger - you wouldn't even know a knife hurt until you got stabbed.

>>51372281
t. niggerfaggot

>>51372281
The fact that regular people have low enough level of principles to be able to say "its only for those that are richer than me so its justified" is good enough argument to prove they're not in fact regular people but diseased cattle ready for the walk into the house. This possibly includes you

>>51372046
They hate the middle class, the poor peasants and the elite do not suffer when it comes to inheritance tax. I spit on this country, I can't wait to move.

>>51372281
consider suicide

>>51372046
So if bongs actually manage to inherit a house from their boomer parents, they're required to immediately borrow against it for 40% of the value or liquidate? Lmao I thought austfailure was cucked this is next level

>>51372337
You'd think they learn their lesson with income tax

>>51372056
>people
That's not a person, that's a Jewish reptile

>>51375559
HAHAHAHA

>>51372362
>two more weeks
you won't do shit, nigga. all of you fuckers are just larping, keep paying those taxes and shut the fuck up.

>>51372056
you don't have a license to say that

>>51372046
>Trying to argue for inheritance tax
'Sorry your family member died but now you owe us quite a lot of money, I know they paid taxes on every penny of it during life but we really need that extra cash to fill the trough and remind you that you're subjects of the Government, now, kiss the ring.'
How about doing away with it entirely?

>>51372061
The inheritance tax is politically popular because normies have no sense of freedom or private property or economics so they want to take from the wealthy because it "is my fair" that they get to inherit wealth.

>>51375425
You either didn't read the text or don't know that homes in the UK rarely worth more than £325 000 (or £500 000 if you are giving it to your kids or grandkids) EXCEPT in London. But fuck London and all Londoners so DOUBLE IT!

The amount of retards with 0 reading comprehension in this thread is alarming.
You are only taxed on the amount over the threshold, so someone with an estate worth £325001 would literally pay 40p.
I'm not saying it's right to do so but fuck me, you cunts need to learn how to read

>>51372281
Idk how it works in England, but in the US it applies to even illiquid assets. It effectively prohibits medium sized family businesses from being passed on, because the heirs need to sell it to pay the tax on it.

>>51372046
frog here, how have you bongs not guillotined these fucks yet

>>51372219
The idea behind inheritance tax is to reduce inequalities or at least to give people the illusion that the game isn't rigged from the start. This is obviously the antithesis of monarchy.

Taxes for thee but not for me!

>>51372075
Or maybe people want consistency, whichever way things go.

>>51372281
Inflation is a motherfucker.

>>51372291
Get knighted and make an arragement to have your wealth stored the royal family.

Also its kind of funny to think that they are exempt from the rule because it admittedly causes erosion. Why even apply it to regular people when you are aware of and can understand the fucked up consequences?

>>51373887

>>51372219
>Am I being baited? Why does it matter of the government pays tax to itself?
The royal family is not the government, anon. It is a separate entity which has 'delegated' its power to the government. They have to tiptoe around the wording a lot as a monarchy is clearly undemocratic and you don't get to opt out of paying for them.
People who defend the existence of these parasites argue things like "oh but they do such good work for charity". The charity work is nothing more than public relations exercises, and some people seem to forget what 'charity' actually means when it comes to the royals. I don't see the guy who works in the local charity animal charity shop being chauffeur-driven to work in the morning from his palace. It's a massive scam, but people are blind to it as they're indoctrinated from birth.

>>51372046
And the Canadian Conservative Party mourned the queen in all their cucked speeches last night.

>>51372046
bongland get yourself sorted out

>>51372337
big think

>>51372634
>imagine believing this after January 2021
Shut the fuck up you worthless boomer.
I'm not dying for you. You were supposed to die for me. Now you can rot at the hands of niggers and lefties while I rebuild civilization in red states.

>>51376093
there's no inheritance tax in Poland for direct family
grand^nparents, parents, siblings, kids - zero
7% is for people like mother in law

>>51372046
> Under the legal system, the Monarch (currently King Charles III), as head of state, owns the superior interest in all land in England, Wales and Northern Ireland.
> All land belongs to the Crown. So-called freeholders have a title in fee simple from the Crown that can be revoked at any time for a Crown purpose.

>>51372070
the redpill is the goverment used to have guilutines.
we all think about the kings going under the gouilitine.
but in reality it was a mass of common people who revolted who loosed their head.
the monarchy was only the last one to put their head under.

>>51375917
now google the countries with the lowest taxes

>>51372056
yeah any day now.
look I'll tell you why this won't happen alright?
>YOU RICH PEOPLE HAVE BIG AMOUNT OF MONEY!
>I ONLY HAVE SMALL AMOUNT OF MONEY! NOT FAIR!!
>so come take it
>I WILL!! ...someday
>you'll be breaking the law
>you'll be risking your safety
>your life isn't perfect now, but all in all, you're doing pretty good
>you have a roof over your head, clean water and good food, things people in many other countries do not have
>your life's continuation is pretty much guaranteed, if you lose your job you can still get government money and afford food and healthcare
>do you REALLY want to rebel, risk life in jail, risk death, for the sake of what, more roof over your head? a slightly better car?
>...
>but do what you want

Basically, people won't rebel against their rulers unless the immediate continuation of their lives are threatened.
Major riots only happen when food gets scarce, when armed men arrest people in the middle of the night, when clean drinking water becomes unavailable.
They can get mad about other people having more, even vastly more, but as long as they have enough, it's not worth the risk.

>>51372046
This thread is the most retarded shit i seen in days.
There is a simple fucking reason why they get a tax exemption: the UK government doesn't want to force the royal family to sell the fucking crown, and palace, and other cultural centerpieces of their country.

BRITSHARTS!!

>>51372243
>>51375425
>>51376227
kek'ed >>51376924

>>51376924
>but it's ok to force our citizens to lose their generational wealth
Forty fucking percent. The UK is a joke.

>>51372075

>>51372046
The best part is that they openly admit the point of the tax is to erode families wealth.

>>51372337
Thisss, jew corrupted the economy since ~50 years, it wasn't like this before, i don't think this scam scheme will last long enough until next holohoax

>>51375972
Wow if I have 2m I only get taxed over half a millio dollars for literally nothing what a charm

>>51372046
don't those taxes go to the monarchy anyway?

>>51372061
>inheritance tax
Damn, bongs. Sorry.

>>51372046
>people discovering what monarchy is
It's the god given right, to god chosen people.
You're all subhuman cattle made to serve the monarchs.

Let's go back to monarchy! Except you'll never be a noble, nor royal!
Deus Vult!

>>51375262
>Stop voting for the same dino boomer retards.
>being such a retarded npc that you actually believe that this a problem you can vote your way out of
When the issue at hand is not even millions but billions of dollars that you somehow imagine the elites will willingly hand over if you could just elect the right politicians...I just don't know what to say. The global power structures are so immense and complete at this point that any politician who dared suggest such a thing would be swiftly reminded of the incredible ease with which his entire family tree could be murdered.

>>51376985
the US has 40% too >>51376093

>>51372046
Fuck Whitney for real tho. Can we invade them now?

>>51375584
Londoners will get rekt, and Londoners deserve to get rekt because they're everything wrong with this country.

>>51372046
so these avoidance of wealth erosion only applies to monarchs?

>>51375845
It'll be coming soon here cunt, mark my words. Bandt and his friends harp on about this constantly, and I wouldn't be surprised if someone in the Fed had a cracm.
That or forced land tax on PPoRs, which will crush FHBs and young couples into renting when the area they buy in explodes in market value due to mass immigration of "skilled workers" (see: Berwick, Clyde etc)
We are one kf the most overtaxed, over governed people on this planet. Don't think for a second they won't get hungry to implement this next.

>>51372046
>40% inheritance tax
I hate Robin Hoodstein

>>51372046
Hey yeah put me on the throne instead. I need that 40% tax break. Also I'll fix the world free of charge anons. What say you anons?

>>51375676
I wish I had kids. :( Life is so hard, even when you’re playing by the rules.

>>51374761
Cartel levels of violence, perhaps? Maybe violence was the answer all along.

>>51372046
Let's say the British monarchy is abolished, what will happen to all that wealth including the crown jewels, estates, castles, etc.
Some of them will be turned into museums but who is going to buy a castle in Scotland for millions of pounds.

>>51372652
there are plenty, but there are still ways to get useful stuff

>>51372046
That’s a good thing okay. Why is everyone making such a big thing about this? Imagine wanting your ruler to be dirt poor like yourself. No, they need to rule with grace and power and money comes with that so they can exact that image. Literally nothing wrong with this - stop being so envious and if you want more just work more.

>>51378616
Sold to arabs and chinks like everything else the government gets it hands on

>>51374758
heh sexy girl

>>51372281
Anyone who owns a house in the south east is effected you dumb cunt

>>51377237

…on estates worth more than $11 million, yes

FUCKING CAPITALISM

>>51372634
cool, can you stop using them in schools tho ?

>>51376924

you know you can make all the houses and crown jewels state property right? fucking faggot

>>51375895
it only looks jewish because it's a mutt
see Americans

>>51372242
Can you tell me how much tax money goes to the royal family each year?

>>51378762

is it worth it? is it right?

>>51378761
That big Jewish schoz though? How could it be so obvious but I never noticed b4? That schnoz is the true British aristocracy? What's really going on with that bloodline?

>>51378716
UK has better capital gains than the US though, only a flat 10% as opposed to the 35% in the US and the first £12,000 in a year is untaxed

>>51378699
Kek you can tell that guy is from way up north somewhere. You get very little change out of half a million for a 2 bed flat now in SE. 3-bed terrace houses are a million now where i am. Not putting the inheritance tax threshold up in line with house prices is downright criminal

>>51372061
>>51372075
^ look at all this temporarily embarrassed billionaire posting on /biz/ lol

>>51372046
Because it's an institution, The Crown, it used to rule you know and the others are just poors
>>51373887
You rule. Make enough money. The rich are largely tax exempt. Amazon doesn't pay taxes.

>>51372061
>>51372075
I dont know there are more retarded taxes than inheritance tax.
The income tax and capital gains tax for example. At least with the inheritance tax you can argue that capital shouldnt necessarily go to a descendant because the descendant has no proof he/she is capable of allocating that capital well.
If you´re a mastermind capital allocator and become a billionaire, what good does it do that your roastie daughter gets your money.

Most logical taxes:
1) TVA
2) Inheritance
3) Income tax
4) Capital gains tax

You should flat tax them all at 30% imo.

>>51375034
his majesd

Wait WTF the KING and QUEEN get special treatment?? What is this a monarchy or something?!

>>51372682
>>fake tweet with no source
>>300 reply thread
>NICE SOURCE NIGGER.
https://www.hartreade.co.uk/legal-updates/does-the-queen-pay-inheritance-tax/

>>51372337
Jews gonna Jew and retarded faggot leftist and niggers going to always going to take the bait

>>51372075
this. what's he gonna do? pay 40% to himself? stay mad poorfags mind your own wallet instead
/thread

>>51372046
M O N E R O

>Charles becomes Sovereign
>the Sovereign is the head of the Crown Estate
>the Crown Estate holds various assets
>retards think that the Estate should pay inheritance tax when there is no transfer of assets as they are not the property of either Elizabeth of Charles personally

>>51379084
You can't put real estate into the blockchain, anon

>>51372160
There has to be ways around, how about a company that owns the assets and your family are board members in it?

>>51372634
me, you don't

>>51375871
I work for my dad
>he pays payroll tax
>then I pay income tax
>then I get taxed when I purchase something
>then that something gets taxed when iI die
Wewlad

>>51379121
lofty.ai i'm literally a blockchain landlord seethe

>>51379009
KEK, the old hag reincarnated as a wagie at mc donals

>>51372634
>have guns
>don't use them
lmao

>>51372046
Isn’t it the case it doesn’t actually belong to him personally, it belongs to the monarch, he just has certain rights to the posessions.

>>51372077
>American education

Americas constitution wouldn't exist if it wasn't for the pheasant revolts

>>51379009
WTF I love McDs now.

>>51372046
UK inheritance tax is literally an idiot tax. If you're above the inheritance tax threshold you simply:
>1. Start a Ltd company that you can show does something - most people just buy and sell cars so we'll use that as an example
>2. Make your kids directors of that company and pay them an annual salary of £12,570 which is the tax free threshold for income tax
>3. Start investing your money into the company
>4. Buy a few high value cars and quickly sell them second hand. Ideally you want to break even to avoid paying corporation tax on profits. The key thing is to just have a company revenue, no need for profit.
>5. At the end of the financial year pay them a dividend of £37,699 Including their tax free standard earnings this takes their annual income to £50,269 of which the £12,570 salary + £2,000 dividend is tax exempt
>By keeping the total income below £50,270 they only pay the basic rate of dividend tax which is 8.75% on which is £3,123.66
>Using this method you effectively reduce your inheritance tax rate from 40% to 6.2%
This is completely legal and before you ask why yes I am indeed jewish

>>51372046
Why is everyone so surprised?

> Be country
> Country is a monarchy
> monarch levies taxes
> Country gets taxes
> Country is owned by monarch
> Tax is owned by monarch

That's what a monarchy is. It's literally the top of the country's rule. They can determine law when they want to. Oh a Constitution you say? Well yes, that's no problem for a monarch, as long as you stay off with your hands of the generations of wealth you have accumulated conquering around the world left and right. What are you gonna do about it? Protest? HAH, monarch can simply use their personal army - because they literally HAVE their personal army - and make it happen.

Honestly, if you were said monarch king/queen/Final-boss-attack-helicopeter-from-raiden-fighters-jet , would you really just give up all your ancestors and yourself have worked on? Fuck no!

Whoever thinks monarchs with absolute power should pay taxes is an utter fool.

And now this power goes to Charles III
I'm not that fearful of him.

The prince, William however, he will not hesitate to utterly destroy anyone who dares to oppose him.

>>51372484
Wasn't your last election blatantly stolen?

>>51379565
I see my race as part of my family and would do everything I can to ensure the prosperity of everyone in it, instead of being a selfish narcissist, but we all know the royal family are crypto kikes and are doing everything for the benefit of their Jewish race

>>51379116
We're not talking about royal assets, worth billions. Of course we're not asking charles to pay 40% of buckingham palace and the diamonds on the crown.
She also has a private fortune, stocks and real estate, which have nothing to do with being royal. That's what she got the exemption for.
Literally used tax money to buy stocks and got rich because governments injected hundred of billions into pumping those stocks for "trickle down" money. But somehow having a tax like everyone would errode the fortune, unlike for middle class I guess.

>>51379628
And I'm against taxes in general and think governments could divide by 10 the spendings.
Doesn't change that someone has to pay and I don't get why food get taxed, the upper middle class (me) gets ripped off of everything but elites get no taxes + infinite free money + the occasional bailouts thanks to corrupt politicians and we blame poor people instead for literally everything.
They're fucking laughing at us and getting away with it.

We can argue about inheritance tax all we want but I don't get why anyone would defend that only a few can avoid it thanks to the fact they're ultra rich.

>>51379616
go back to /pol/

>>51372075
You only pay inheritance tax on estates valued over £325k.
You can completely avoid the tax if you gift your estate to below £350k 7 years before death.

So if you're middle class disjointed family, sure it might suck. For any other wealthy family it is a minor hurdle to leap.

>>51372419
No retard you just gradually gift it away tax-free 7 years before death

>>51379909
>>51378934
>>51378839
>>51376147
>>51374948
Bongs have truly been deluded

>>51377237
It's been a while since I looked at my estate planning, but at least in the US doesn't the estate tax only come into play if you have something crazy like $11m in assets? I know that you avoid virtually all probate if you put together a living trust.

>>51379940
I'm in favour of completely getting rid of it, but why should I be happy only the queen can get away with it thanks to lobbying ?
Just like I'm for death penalty but don't want that only the queen could decide to kill anyone she wants.

>40% inheritance tax

Do britbongistanis really?

>>51374758
sauce please

>rules for thee not for me
gg no re goyniggers

>>51378934
>capital shouldnt necessarily go to a descendant because the descendant has no proof he/she is capable of allocating that capital well
Why does that matter? Shittiest excuse to steal I've heard of

>>51376093
>Japan 55%
FUCK, there went my escape plan from this gay Earth.

>>51376093
I’m not sure this is accurate because in some places the rate varies, it increases as the value of the estate increases

>>51374761
It's his son's wife, she would always have the power to rugpull it if she desired regardless of any inheritance tax that's why you get a nice wife

>>51376853
The only sensible post in the entire thread. Should still axe 'em though, death is permanent and no amount of legislation is gonna put the head back on.

>>51372337
best post itt

Is this board usually like this? Because this thread is really stupid. They're a symbol of the country of course they don't want them living in a council house. It's essentially a tax break for a tourist attraction.
>but it's not fair!
No shit.

>>51374753
Why are you gifting more than 13 million dollars

>>51372061
>>51372056
>>51372046
All my money will be in untraced monero when I die
Seethe govt kikes

>>51374093
>10 years
7 years

>>51379267
I didn't know birds could organize like that

>>51379440
>beat the inheritance tax goyim!
>just start a family business
great advice moishe

>>51372326
You know that was (((merchants))) and not le common people rising up, right?

>>51374156
oy vey delete this post right now

>>51376210
God is money. Everything else is Reddit.

>>51372092
I look just like this.

>>51372234
Don't forget the telly tax. Lol what a blooming shithole

>51379440
>51379084
>51373887
>Buy gold
>Hide gold
>Give to kids
problem solved

>>51372046

>People in this thread are complaining about inherited privilege while also demanding the abolition of inheritance tax which prevents inherited privilege.

You're all boot lickers. All of you. Property rights are an invention of the mind and the existence of poverty can be eradicated by the adoption of a new property regime.

>>51376813
like switzerland?

>>51385518
Property is our less risky wounding and killing for genetic dominance. Nobody will openly say it because lying is our most potent weapon.

>>51372046
What about erosion of everyones welth you disgusting fucking jew niggers

>>51372046
Alright, yeah, that's enough for me.
I used to be a pretty big monarchist, but now I'm ready for:
a. A republic, and
b. A revolution.

>>51372046
>a forty percent inheritance tax
do britbongs really?

>>51372160
>spouse exemption
is it legal to marry your kids?

>>51385867
or what if you had a friend with a similar estate value, and you each married the other one's daughter? then you could just swap estates tax free

>>51385559

>>51386323
seems low, i wonder how they do it? any guesses? do they just have no money and its magically not a shit hole?

Should be 100%, don't @ me.

>>51386323
>>51386354
ohh its a tax haven for billionaires, so that 11% rate is actually an extremely large amount of tax dollars

>>51372527
n-word used