Obama is right on the estate tax



Obama's House

Obama is right on the estate tax.

This is actually the only thing that I agree with Obama over Mitt Romney. This puts me outside the norm of the republican party today. I don't think I am hurting Romney by saying that I disagree with him on this one issue. I know that most of you agree with him and not me, but for the point of conversation, what do you think, and what would you add to my list?
Obama has called the attempt to remove the estate tax a "Paris Hilton" tax break for "billionaire heirs and heiresses." This is scary. I agree with what he says. I think he is right. We should take more money from the very rich, when they die, but he he is weird in saying taxing millionaries at the same rate as everyone else, is a tax break!
It is kind of complicated. Most republicans want to tax millinaries who die, at the same rate that we tax everyone else. Obama wants to take more money away from millionaries when they die. I agree with him, but I will call it what it is... a money grab. But he lies and tries to say that not taking a higher percentage of their money is a "tax break". He should be smarter than this...
It is stupid of him to call the removal of the estate tax, a tax break. The estate tax is a special tax set up for people with more than 1.5 million dollars, so the government can take away 1/2 of their money when they die. I agree with Obama wanting to let this tax stay on the books, but I disagree with him calling it a tax break, if we are to leave it on the books. We shouldn't lie. I like the estate tax, but I will call it what it is. Getting rid of it would not be a tax break.

Obama is right on the estate tax.

Reasons to agree
  1. The estate tax is a great way to ensure that those in the aristocracy, and that end up ruling over us, deserve to rule over us. There is always going to be an aristocracy, but I want it to be those who really are better than us, not those who’s parents were better than our parents.

  2. Thomas Paine supported the estate tax.

  3. Andrew Carnegie supported the estate tax.

  4. Theodore Roosevelt supported the estate tax.

  5. Warren Buffett supports the estate tax.

  6. The fact that Paris Hilton is a billionaire, proves that our society is unfair.

  7. It is not healthy for a country to have a group of people that never have to work a day in their lives.

  8. Most people would rather get taxed after they are dead.

  9. Even with the estate tax parents can pass billions of dollars onto their children.

  10. Even with the estate tax parents can pass the first 1.5 million dollars onto their kids tax free.

  11. Parents can still help their children without having to let parents hand billions to their kids tax free.

  12. Work is good.

  13. If it was bad for welfare-moms to be idle, then it is bad for estate-kids to be idle.

  14. Too many Americans live with a sense of entitlement because of their wealth.

Reasons to disagree
  1. The estate tax breaks the bonds between generations.

  2. It is wrong to tax money twice.

  3. The money the government would take when collecting the estate taxed was already taxed when the parents earned the money.

  4. Maybe the kids don't deserve the money, but governments don't have the right to just step in and take it.

  5. Spreading the money equally between citizens is called socialism.

  6. Russia eliminated its inheritance tax in 2005.

  7. Sweden, the birthplace of the modern-day welfare state, eliminated its estate tax in 2005.

  8. The estate tax tax is unjust.

  9. The estate tax is economically counterproductive.

  10. Argentina does not have an estate tax.

  11. Australia does not have an estate tax.

  12. Canada does not have an estate tax.

  13. Mexico does not have an estate tax.

  14. Switzerland does not have an estate tax.

  15. India does not have an estate tax.

  16. The US has the largest death tax in the industrialized world.

  17. The third policy plank of Marx’s Communist Manifesto is taxation of all inheritance.

  18. The more power you give the government, the more power it will take.

  19. The estate tax will never generate enough money to make it worth while. There just aren't enough people who are that wealthy. The only reason we have the estate tax, is because we hate the rich, and we want to get back at them for having so much money.

Mitt Romney and the Estate Tax.

Background

The federal estate-tax rate is 45% on every dollar above a $1.5 million exemption. In many states the combined federal/state tax on dying rises above 50%. This means that the government can take a larger share of the business, home and savings that a citizen builds up over a lifetime than would go to his heirs.
People who don't like the estate tax call it the death tax, because it sounds kind of morbid taking money from a dead guy/girl.
People who like the estate tax, call it the estate tax, because none of us like the rich.

Go here for more information:

Probable interest of those who agree:

  1. Republican Party Affiliation (40%)

  2. They agree with the argument, outside of any interest or alterior motivation (30%)


  3. Racism (5%)

  4. Political laziness & issue crossover.

  5. Dislike of aristocracy.

  6. The desire for life to be fair: you can live like a billionaire if you make the money yourself, but should only live like a millionaire from your rich parents.

Probable interest of those who disagree:

  1. They agree with the argument, outside of any interest or alterior motivation (30%)


  2. Democratic party groupism (40%)

  3. Liberal guilt.

  4. Political laziness & issue crossover.

  5. Money (from the billionaires who die)

Harnessing Idea Futures: A Dialog on the Power of Prediction Markets

Robin Hanson, the innovator behind Idea Futures, and I recently engaged in a stimulating exchange of ideas. I've been fascinated by the potential of Idea Futures for quite some time and the opportunity to discuss my thoughts with Hanson was indeed a privilege. Here's the crux of our conversation, where I argue for the application of Idea Futures beyond just scientific advancement to general dispute resolution and politics.

Our conversation began with me expressing my interest in becoming involved in Idea Futures. As a believer in the power of structured, informed debate, I proposed two columns for each statement: Reasons to agree, and Reasons to disagree. Organizing these reasons according to how many people agree with them, I argued, would ensure a more balanced and informed discourse. This concept is something I've been experimenting with on my own projects, which can be explored on my GitHub and the Group Intel website.

In addition to these columns, I proposed weighing an idea based on factors such as the number of reasons to agree or disagree with it, the bettor's certainty of the validity of their reason, and the popularity of the idea. I strongly believe this can help in promoting better quality information and reducing the clutter of irrelevant or unverified information.

Hanson raised a valid concern about how to encourage people to fill in these structured forms with their reasons for their claims. He argued that most people are more inclined towards formats that directly mimic familiar forms of ordinary conversation. I agreed, but also highlighted the potential of betting markets, as people are motivated by the prospect of monetary gain.

Drawing from the stock market analogy, I proposed a system where people can bet on whether ideas will rise or fall in popularity. Much like investing in a company, bettors would be investing in the popularity of an idea. This, I believe, has the potential to create a more engaged and informed public discourse. For instance, imagine being able to buy stock in the idea that Abraham Lincoln was the best president!

Hanson, however, was skeptical about this idea, arguing that there might be too many ideas out there for this to work. He also highlighted the potential for manipulation in a system that rewards popularity over accuracy. But I believe the market would self-correct over time. Just as the stock market is susceptible to manipulation, so too would an idea market. But in the long run, only those who truly understand people and what they will bet on would be rewarded.

In summary, I believe that an Idea Futures market, if structured correctly, can be a powerful tool for promoting informed public discourse. It would allow people to directly invest in ideas they believe in, fostering a greater focus on ideas and their merits. While there are potential issues with this approach, I believe they can be mitigated with careful design and regulation.

Hanson and I may not see eye to eye on every aspect of Idea Futures, but it's clear that we share a belief in the potential of such a system to revolutionize public discourse. If you're interested in this project and want to contribute to its development, feel free to check out the ongoing work on GitHub and the Group Intel website. Your insights and expertise could help shape the future of public discourse.

Revolutionizing Online Debates: A Proposal for a More Organized and Informed Future

The current state of online discussions often results in a cacophony of voices with little to no structure or organization. In this digital era, we need a space where debates are not just noise, but substantive conversations that lead to deeper understanding and informed decisions. Here, we propose a revolutionary online debate format that could transform the way we engage with and understand various perspectives on any given issue.

Reducing Chaos in Online Discussions

Current online forums often descend into chaos due to their unstructured nature. Our proposed system would counter this by enabling users to categorize their comments as either reasons to agree or disagree with a particular issue, making discussions more orderly and less confusing.

Organizing Discussions for Deeper Understanding

Think of our proposed format as a structured debate, where every perspective is clearly articulated and organized. This structure allows for more meaningful conversations, enabling users to delve deeper into the nuances of the debate, fostering a better understanding of the issues at hand.

Quantifying Perspectives for Objectivity

Our system allows for arguments to be quantified, providing a more objective view of the debate. By counting the number of reasons for and against an issue, users can easily compare different perspectives, thereby forming more informed opinions.

Evaluating Quality for Compelling Arguments

We also propose ways to evaluate the quality of each argument, such as user feedback or upvotes. This ensures that compelling arguments rise to the top, making them more visible to participants, and promoting more informed discussions.

Integrating Statistical Analysis for Confidence

By integrating statistical analysis techniques, confidence intervals can be assigned based on the number and quality of reasons posted. This gives users a sense of the general consensus on the issue, further promoting informed decision-making.

Promoting Transparency for Better Understanding

Our system promotes transparency by using a list format for arguments. This makes the complexity of an issue visible and discourages glossing over important points, encouraging users to critically evaluate all aspects of the issue.

Providing a Unified Information Source

Our proposed system provides a single platform for all perspectives on an issue, making it easier for users to find and compare different viewpoints. This unified source of information results in more informed discussions and decisions.

Harnessing Technology for Substance

The focus of our system is on promoting meaningful discussions and informed decision-making, rather than merely disseminating information. It represents an effective use of technology where the emphasis is on substance, not volume.

Managing Content Efficiently

Organizing data by topic makes it easier to manage and navigate, reducing redundancy and repetition. This makes the information more accessible and user-friendly, enhancing the overall user experience.

Revolutionizing Online Debates

We believe this proposed system can revolutionize the way we debate and discuss issues online. By providing a structured, organized platform for discussions, we can pave the way for more meaningful, informed debates that lead to a better understanding and more informed decision-making.

In this digital era, it's high time we leverage technology to improve the way we discuss, debate, and make decisions. Our proposed system promises to bring about a revolution in online debates, ensuring they are not just noise, but platforms for informed understanding and decision-making. Join us in this revolution for a more organized and informed future.

The Power of Organized Debate: Why We Should Separate Reasons to Agree and Disagree

Today, I want to talk about an idea that I firmly believe in - organizing reasons to agree and disagree with concepts into two separate columns. This simple change could revolutionize the way we approach debates and discussions. Here's why:

1. Streamlining the Decision-Making Process

By separating reasons to agree and disagree, we can create a computer algorithm that assigns points to the main idea based on the number of reasons in each column. This would streamline our decision-making process and allow us to reach more balanced conclusions.

2. Creating a Clear Overview of Every Issue

Imagine if every issue had its own website with a comprehensive list of reasons to agree or disagree. It would make understanding complex topics much easier and encourage more informed discussions.

3. Prioritizing the Best Arguments

Separating reasons to agree and disagree also allows us to highlight the most compelling arguments. By placing the best reasons at the top of each column, we ensure that the strongest points get the attention they deserve.

4. Performing a 'Google Duel'

This format could even allow for a "Google duel" between all the items that agree and disagree. This duel could represent the overall strength of the idea, adding an interesting and dynamic element to our debates.

5. Allowing for User Ratings

We could also introduce a rating system where people rate the reasons to agree or disagree. The overall score of the reasons would contribute or detract from the main idea's score, providing an aggregate view of the debate.

6. Giving Voice to Our Ancestors

This format also allows us to incorporate wisdom from the past. As Abraham Lincoln said, it's important that we are on God's side, or in this context, on the side of truth. A truth-promoting forum like this is safe to investigate both sides of an issue, which is why we should not fear disagreement.

7. Thoroughly Investigating an Idea

One point usually won't convince someone they're wrong. Everyone needs to feel that they got all their reasons out on the table. We're not discounting people's beliefs; we're responding to them. We don't need to silence the other side; we just need to prove that they are wrong.

In conclusion, organizing reasons to agree and disagree into separate columns has the potential to transform our approach to debates and discussions. It encourages thorough investigation, prioritizes strong arguments, and promotes a balanced view of each issue.

Ready to dive into more details or interested in contributing? Explore our platform at Group Intel or check out our project on GitHub. Let's revolutionize the way we debate and discover the power of organized discussion together.


Building the Future of Ideas: An Internet Stock Market for Beliefs

Hey there! I'd love to share something my folks taught me when I was just a kid. Whenever I faced a decision, they encouraged me to make a list of reasons to agree or disagree with an idea. Looking back, it seems like this simple method laid the foundation for an exciting idea: what if we could collect all such lists ever made on the Internet and organize them on a single platform?

This concept became clearer as I delved into the world of stock market investing. The beauty of investing lies not just in the act of buying or selling shares but in the conviction behind these actions. When you put your money on a stock, you're essentially betting on an idea, a belief in the company's future success. This parallel between investing and belief system is fascinating, don't you think?

Imagine if we could create a 'stock market of ideas,' where people could invest in concepts and beliefs as they do in companies. This wouldn't just be a game-changer for scientific advancement, dispute resolution, or politics. It would motivate us to believe in "smarter" things, to question why we hold certain beliefs and whether they're worth "investing" in.

And just like in the stock market, where companies are evaluated and ranked, we could develop algorithms to assign a weighted rank to ideas. These rankings could be based on several factors, like the number of reasons to agree or disagree, and the certainty of the evaluator about the validity of their reasons.

Of course, there's always the risk of such a system being manipulated, just like any financial market. But if we design the platform to encourage not just the exchange of ideas but also in-depth research and discussion, we can mitigate these risks. We can make it a place where data supporting or discounting a position is readily available and easily accessible.

In the past, I've tried to put these ideas into action. I created a website where I outlined categories for people to submit their ideas. The site is no longer active, but thanks to the Wayback Machine, you can check out its architecture and an example of online debate that I proposed.

Now, I'm working on a new and improved platform at Group Intel and you can check out our project on GitHub. I'm excited about the potential of this idea and I'd love to hear your thoughts. Let's revolutionize the way we debate and invest in the power of our beliefs together.