Quote:
Originally Posted by CorsiHockeyLeague
No. Jesus ####ing Christ, listen to what I'm saying. The question isn't whether they should have to pay tax on the income more than once. It's what sorts of people are benefiting from the system without contributing to it. That was his only point. I'm now stuck explaining it for the second post in a row, not out of any commitment to his argument but more as a matter of basic intellectual honesty, because you're making a deliberate attempt to avoid understanding.
FML, people are frustrating. Do you not understand how bad it makes you look to double down on your own misinterpretation here? You're not saving face, you're losing it twice over.
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I'm not doubling down on anything. The fact of the matter is that income in a trust is going to get taxed. It may not be in the hands of the settlor, but the government is getting their tax. This whole attitude that kids on the receiving end of a trust fund aren't contributing anything is BS. That's their family, and that's their family's wealth, and the taxes came out of the wealth they will inherit. This whole notion fueled by jealously that there is something wrong with that is the exact reason i've grown a lot more open to moving to the US because Canadian policies are starting to align with that line of thought as we move more and more to a full on socialist society.
There's nothing frustrating about that, other than my line of thoughts doesn't agree with yours. I don't care if you agree with it or not, and i'm not debating it with people like Rubecube. The American system is a pure capitalist system which I like. Some people don't like it. Some people see it as a pro, some people see it as a con. Not going to get into an ideological debate about to fuel another 10 page politics thread with the same 4 people posting that show up in every politics thread.