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Tax Cuts And Job Acts – Senate Bill Favors Jobs And Gigs

My tendency is to think that the traditional employer-employee relationship, much as I might mourn it, is doomed.  Arguably, its origin in the laws about masters and servants might mean that it will ultimately not be missed.  The dystopian nightmare would be that as inequality explodes, some form of indentured servitude will be instituted for people without property.  If you want to be really disturbed read Cannibals All! Or, Slaves without Masters by George Fitzhugh which was published in 1857.

What is falsely called Free Society, is a very recent invention. It proposes to make the weak, ignorant and poor, free, by turning them loose in a world owned exclusively by the few (whom nature and education have made strong, and whom property has made stronger,) to get a living. In the fanciful state of nature, where property is unappropriated, the strong have no weapons but superior physical and mental power with which to oppress the weak. Their power of oppression is increased a thousand fold, when they become the exclusive owners of the earth and all the things thereon. They are masters without the obligations of masters, and the poor are slaves without the rights of slaves.

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House Bill Repeal Of GST Would Defuse A Ticking Time Bomb For Trust Fund Kids

You can’t beat the GST by having your trust have a 1,000-year term in Colorado.  The law indicates that when the last of the children pass, there is a termination for GST purposes.  At that point the grandchildren get promoted to non-skip persons and the trustees can start distributing to them without incurring GST.  When the last of the grandchildren die, there is another termination and the great-grandchildren are promoted.  When the last of them dies, there is another termination, and so on.

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.