gift tax

[Anonymous No.55106338]

did you know in the us if your parents gift you 20 grands the government will have a cut of that?

[Anonymous No.55106361]

yes
every 'civilized' nation has this tax
you can get around it by having a religion which donates abck to your family
you know what i mean right?

[Anonymous No.55106379]

>>55106338
Income tax, inheritance tax, is such bullshit
What right does the government have to say how much of your money you can keep and what you can do with it
LVT for life

[Anonymous No.55106382]

>>55106338
I'm pretty sure you can't be taxed for receiving gifts. Your parents would.

They also only get taxed if they go over 16k, and they've gifted over 1.24m in their lifetime over that 16k/year. Basically, that 16k amount resets every year. If you gift over that in a year, it counts against your "lifetime amount" where if you go over that, it gets taxed.

But I think gift taxes are always on the giver

[Anonymous No.55106387]

>>55106382
oops sorry liftime limit is over 12m. whatever

[Anonymous No.55106405]

Fuk joos and I don’t feed Niggers. Simple as.

[Anonymous No.55106420]

>>55106379
Inheritance tax specifically can fuck itself forever. My mom passed away a little over a year ago and the government robbed me of so much money that that she wanted me to have. It's not like I'm mad over it just because I need the money, it's the principle of the thing. You work to save up money to give to your loved ones and then the government steps in like "Hi, some of this is mine because reasons."

[Anonymous No.55106467]

>>55106338
>TAXES ARE EVEIIILLLLLL!1!1!1!1

Do you not use roads? Public schools? Fuck outta here, no one should be able to even give away 12million without some of it going to a municipality for it to be used for actual work. It’s set up this way so the super rich who are gifting 1million don’t circumvent the rules.

[Anonymous No.55106484]

>>55106467
>implying
Provide proof of transactions showing the flow of money from taxpayer to road maintenance etc.
This should be easy for you, a government employee, to provide since you have access to this information.
If you do not have access to this information, then cease claiming things which are not provably true.
>It’s set up this way so the super rich who are gifting 1million don’t circumvent the rules.
I showed an example of how to circumvent these rules easily. >>55106361
Further examples may be forthcoming if you continue with this line of falsehoods.

[Anonymous No.55106545]

>>55106467
Fuck you, niggerloving piece of shit. We all know an enormous amount of govt money goes to gibs and so much is blatantly stolen from those who actually work. Endless printing to destroy what little worth is left in the dollar to cover massive deficits just like the massive number of spics flowing over the border who immediately get gibs one way or another.

[Anonymous No.55106613]

>>55106467
That's right! How else will we pay to house millions of migrants and push all that diversity and bomb all those nations!!!
Fund it privately? HAH!

[Anonymous No.55106647]

>>55106467
>Do you not eat grain, comrade ?
All of these "services" should be better served by the private sector, my little statist normie retard
>but i did your dishes and mowed your lawn before stealing your car!
that's theft, faggot

[Anonymous No.55106652]

>>55106484
>>55106545
>>55106613
>>55106647
only poor people care about taxes. stop being poor.

[Anonymous No.55106683]

>>55106652
>i feed niggers through the welfare state and i'm proud of it

[Anonymous No.55106686]

>>55106652
>just gonna post a lie haha
Not cool anon

[Anonymous No.55106718]

>>55106652

[Anonymous No.55106730]

>>55106652
>>55106652
>t. government employee
The only reason the rich do not care about taxes is because they do not have to pay them.
Avenues for tax-evasion exist solely for the well-funded.
As a government employee, you are not rich.
Until you publicize proof of transactions, in regards to budgets, you will continue to experience total value drainage because of your taxation policies and inability to enforce said policies.
The only sources of taxation that will be left in the future, will be from those you distributed to in the first place.
There will be less and less generation of value in your retarded economic system because of this.
Your competitors are scooping up all the value you lose.
The competitors can only gain more value as you futilely attempt to snatch it back.

[Anonymous No.55106740]

>>55106338
So tell them to gift you under 17K every year or move to Russia where there is no IRS funny business.

[Anonymous No.55106749]

>>55106718

[Anonymous No.55106784]

>>55106740
If you do that, do you declare the sub-threshold gift? Asking because 10 years down the road, you'll have no way to prove where the 170k came from.

[Anonymous No.55106796]

>>55106361
canada doesn't
uncle sam is just really anal about taxation, not many civilized countries try to tax you on worldwide income when you're a non-resident, but the US does
its a smart move because it means, unless there's a tax treaty in-place, it is always the most tax efficient to live and work in the US as a US citizen

[Anonymous No.55106799]

>>55106740
Russia is not an option.
No country really is as governments themselves have been proven fallible in every recorded instance.
The three way relationship fails every time because of the authority, the point of failure, regardless of the apparent policies and politics the government enacts.
The only solution to this is decentralization of everything.
It can be done.
It will be done.
Those who do not want it done are the authority (whatever it is) and the corruptors themselves.

[Anonymous No.55106803]

>>55106796
So you can get your elderly parents to gift you all their wealth before they die to bypass the estate tax in canada?

[Anonymous No.55106808]

There is no tax on gifts if it is among family.

[Anonymous No.55106815]

>>55106803
no bypassing is required - there is no estate or inheritance tax in Canada. Some of the socialists (NDP) want to do it but it's deeply unpopular and would never get voted in.

[Anonymous No.55106843]

>>55106467
>if no taxes then no roads
>its just logic bro
>t. 15 year old economically illiterate dumbfuck
also having no slave-generating indoctrination camps that you refer to as public schools sounds based as fuck.

[Anonymous No.55106852]

>>55106338
You said parents so they can give 36k annually tax free

[Anonymous No.55106875]

>>55106652
only faggots dont care about getting raped in the ass by corrupt politicians and feds. stop being a faggot.

[Anonymous No.55106944]

>>55106815
What about the inheritance on something that's appreciated in value (like a house), is there some element of capital gains or something that has to be paid when it transfers ownership?

[Anonymous No.55107180]

>>55106420
Did she leave you 13m+ in a non trust?

[Anonymous No.55107318]

>>55106944
for a house, if it was their primary residence, you don't have to pay anything. If it's a secondary residence or commercial residence (like if you inherited some apartments) you'd owe capital gains on that, which is 50% of the gain (so 50% is untaxed) at your marginal rate

[Anonymous No.55107339]

>>55107180
some states have gnarly estate taxes up to 10% that start at only 2M

[Anonymous No.55107371]

>>55107318
Interesting, this place a marginally less of a shithole than I thought it was.

[Anonymous No.55107499]

>>55107371
a lot of the hand-wringing by other leafs on this site is from the financially-illiterate desu. The country has a lot of problems but I don't think its particularly worse than any of the other 5 Eyes (though the US is still where you make bank)

[Anonymous No.55107567]

>>55107499
Fair enough really.

[Anonymous No.55107917]

>>55106467
>Do you not use roads? Public schools?
no.