If you inherited 40 billion dollars...

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XZeroII

Lifer
Jun 30, 2001
12,572
0
0
Only 40 billion, hu? Well, I've always wondered what it would feel like to wear something that's been ironed...
 

Haircut

Platinum Member
Apr 23, 2000
2,248
0
0
Originally posted by: XZeroII
Only 40 billion, hu? Well, I've always wondered what it would feel like to wear something that's been ironed...
Ah, gee, I was gonna say a night with Joey Heatherton, but an ironed shirt... damn, that's tempting.


 

dman

Diamond Member
Nov 2, 1999
9,110
0
76
I'd wake up and get pissed because the dream was just about to get to the GOOD part.
 

Beau

Lifer
Jun 25, 2001
17,731
0
76
www.beauscott.com
Originally posted by: Atrail
They would take around 40+% unless you have some great lawyers. It all depends on the WILL of the deceased really. It can vary greatly...

Actually, if you inherit it, no taxes come out since tax has already been paid on it.
 

Valhalla1

Diamond Member
Oct 13, 1999
8,678
0
76
Originally posted by: Nightfall
Seriously, I would put all the porn companies out of business. I would get a ton of bandwidth, terrabytes of space on a server, and load it up with free porn. Then I would buy a domain name like porn.com and not charge a nickel for access to the server.


unless you took all the pictures/videos yourself you would be sued a million times over by the porn sites that you got the porn from that would be handing out for free


 

Scuttle

Senior member
Sep 22, 2001
259
0
0
I'd buy the RIAA then destroy them.

Seriously, I'd buy myself a nice little house in a few countries (USA, Switzerland, Australia and UK). Give enough to my family so that they don't need to worry about financial problems. Put some in an account gaining interest for any kids that I may have. Then I'd donate huge amounts to cancer, AIDs and other various diseases.

I'd be a kickass rich person (though I wouldn't be rich by the time I'd given most of it away to research. *Shrugs* I'd be happy in the knowledge I'd made a large difference to some people's lives.
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
3
0
I'd buy the NBA and fire the officials and then hire ones that knew the rules. Sorry Shaq, no more traveling for you!
 

tcsenter

Lifer
Sep 7, 2001
18,420
293
126
I inherited $20k a year ago and didn't have to pay taxes on it because my aunt already paid them before she died
You don't have to pay inheritance tax if the value of the estate or inheritance is under a certain amount. The ceiling used to be around $600,000, but I believe it either has increased or will be increasing to around $1 million (ball-park figures).

So, if a person has paid any federal inheritance taxes within the last decade, that person inherited a rather large booty.
 

Beau

Lifer
Jun 25, 2001
17,731
0
76
www.beauscott.com
Originally posted by: tcsenter
I inherited $20k a year ago and didn't have to pay taxes on it because my aunt already paid them before she died
You don't have to pay inheritance tax if the value of the estate or inheritance is under a certain amount. The ceiling used to be around $600,000, but I believe it either has increased or will be increasing to around $1 million (ball-park figures). So, if a person has paid any federal inheritance taxes within the last decade, that person inherited a rather large booty.

yeah, that makes sense.
 

Michael1897

Golden Member
Apr 5, 2002
1,019
0
0
i'd buy my parent's a new house and cars. i'd pay for my school and take time going through it and have a blast. buy myself a house and set it up nicely. big theater in house. car, invest 30 million for vacation money.
build a nice new rig.
give $2 to charity
 

Maetryx

Diamond Member
Jan 18, 2001
4,849
1
81
I would shield as much as could from the taxman and then I would save the white people.
 

iamme

Lifer
Jul 21, 2001
21,059
3
0
First thing you need to do, is to disconnect all your phone lines........every single schmoe who knew you will come banging on your door asking for money.....
 

olds

Elite Member
Mar 3, 2000
50,061
720
126
40 Billion. I wouldn't care what the taxes were. I would retire rich and still be rich when I died in 30 years.
 
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