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TopicDo you support the estate tax?
ZBug_
04/30/20 4:49:42 PM
#32:


streamofthesky posted...
Absolutely.

Money naturally concentrates, the more you have the more can you make. It's good to have an estate tax to reduce the concentration of wealth into an ever smaller pool of people. It also doesn't even affect the vast VAST majority of Americans b/c it doesn't start until millions of dollars into an inheritance. Not to mention that it's pretty easy to lessen the amount if you gradually "gift" (that's what IRS classifies it as) the money to your heirs year after year instead of one big lump sum when you die.

Pretty much every tax you pay after received your taxed income is double taxation. Stop acting like this is some special case. Invest in stocks? Taxed? Put money in a CD account? Taxed. Buy stuff? Taxed.
EDIT: Plus, they're not taxing *you*, they're taxing your heirs, so it actually is more like a first instance tax in this case.

well when you put it that way. Yes Id support it

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