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financial independence

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KharBevNor:
I was born with two eyes. How can I, in good conscience, live being able to see whilst so many others are blind? Send me the money so I can pay for an operation to have my eyes removed, my liberal guilt just can't take it anymore.

IronOxide:
Social Bacon, I do not mean to be the twentieth person tearing into you, but let me try to tell you how I see it.

You said yourself that you are pretty much covering all of your costs with financial aid form the government. If you are doing this, how can you justify not taking the money that has been left to you? You are actually holding one hundred thousand dollars out of the market. In addition to that, you are taking money in financial aid from people that are actually in a position where they require the money to get through college.

I'm going to be very frank with you. If you have $100,000 sitting around in a shoebox somewhere, you are depriving another of a college education. Honestly, you can afford it. You did not earn the money that you are getting in financial aid, and you are the one widening the gap between rich and the poor in the nation. You are not fighting inequality, you are breeding it. Inequality comes from people who do not need the money they are given taking it, you are playing the wealthy man getting a tax break you don't deserve. You are being given money on the basis that you do not have enough to cover it yourself. News flash: You Can. The only difference between the inheritance you are objecting to and the financial aid you are receiving is that the financial aid is not being provided to people who can and will use it to pay genuine costs.

Come on, you seem to be a competent individual. You're smarter than this.

ViolentDove:
Whatever anyone does with $100,000, at the very least they have to put it in a big pile and then roll around in it laughing madly. After that you can do what you like with it. If you don't, I have no respect for you as a person.   

fatty:

--- Quote from: Social Bacon on 24 Jul 2008, 12:24 ---
--- Quote from: fatty on 24 Jul 2008, 05:54 ---By deciding that you want to put your inheritance into charity, you are effectively claiming that money as much as if you used it on yourself. Because you choose what to do with it. If you had "earned" that money, then put it in charity, it is the same as if it "happened upon you". It's yours because you get to determine it's use, not because of where it comes from! I think that kind of idealism is a bit misplaced.

--- End quote ---
I already said that if I had the option I'd deny the money altogether.
"It's yours because you get to determine it's use, not because of where it comes from!"
That's basically exactly what my mother said. But I disagree, I maintain that individuals only deserve what they earn.

--- End quote ---

You didn't earn your parents financial situation. Maybe you should deny your upbringing, deny the social and emotional education your parents gave you, the primary and secondary education your government gave you, pay back the cost of giving birth to and raising you, then set off on your own to earn your way. I don't believe people 'deserve' anything, otherwise a lot of good people would still be alive, and a lot of alive people would be dead.

calenlass:

--- Quote from: a pack of wolves on 24 Jul 2008, 12:38 ---
--- Quote from: evernew on 24 Jul 2008, 02:42 ---And arguing against inheritance is (pretty much) arguing against our genetic imperative.
The money you make - which you do not take into the afterlife if there is one - who would you rather give it to? The obscure shade which governs what you can and cannot do or your own offspring?
I don't get why inheritance has taxation. If someone earned that money through their own hard work and decides they want to pass it on to their children, the children shouldn't have to pay taxes on it again.
--- End quote ---

Inheritance is the reason that until comparatively recently the UK was completely ruled by the aristocracy, who were able to hand down not only power in the form of money and land but even hereditary membership of the House of Lords and therefore direct political power. These people never earned that money, they had it because long ago their ancestors had been better at seizing power and exploiting the labour of others. Inheritance perpetuates this.

--- End quote ---


Don't you inherit debt in the UK, too? I mean, I realise that in the US that means there is a lot of money that just disappears when someone dies, and a lot of money lenders that just end up sucking it up and cutting their losses, but basically if someone leaves debts their estate is liquidated to pay for it and if the estate (personal wealth, life insurance, actual house-estate, etc) is not enough, it just kind of goes away. At least, I am pretty sure that's what happens. It might be more complicated legally.

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