Showing posts with label Inheritance Tax. Show all posts
Showing posts with label Inheritance Tax. Show all posts

Wednesday, January 15, 2014

Large Child Support Payments Spoil Children? Yet Inheritance doesn't?

Conservatism is a jumbled pile of contradictions that seems to satisfy the need of the moment.

1. On rich guy Michael Eisenga's attempt to pay lower child support:
“Eisenga continues to travel in a chauffeur-driven Rolls Royce.”
2. On the Republicans opposition to the estate tax, because they think a family’s wealth should be passed on to their children…there is one except if you're Eisenga: Kids get what’s left over, when he's done with it.

Flipping the “death tax” logic on its head, now kids shouldn't get all that wealth?
Journal Times: Rep. Tom Larson, R-Colfax, chairman of the Assembly Committee on Family Law, had defended AB 540 (which would) reduce child-support payments for wealthy individuals. “There’s some value in having some hardship with life,” Larson said. “Even if I were a rich person, I probably would struggle a little bit to make sure my kids earned what they get. What’s the purpose of this money going to child support if it’s only going to create a child with maybe less values?”
"Less values" like the kids greedy dad:
“Eisenga continues to travel in a chauffeur-driven Rolls Royce.”