04/28/2017 02:08:30 PM
04/28/2017
02:08 PM
Estate tax is a good tax. First off, they don't even tax the first several million dollars, so it only even hits the ultra wealthy. The estate tax will never effect 99% of this board, and that's an underestimate, if anything. And it helps limit how much of a giant leg up wealthy families can pass on to prevent a permanent nobility (well, restrict it...we definitely still have a permanent nobility).
Also, nearly all money is taxed multiple times, stop acting like the estate tax is special. I get taxed on my income. Then that money, which has already been taxed, gets taxed again nearly any time I buy shit (sales tax), earn on my savings (and that's taxed at income rates, not capital gains, so that's a double fuck you), or do anything else other than keep the damn money in a mattress.