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Old 12-16-2004, 09:55 AM   #497
sebastian_dangerfield
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Join Date: Mar 2003
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smoke & mirrors

Quote:
Originally posted by Adder
It is welfare, and they didn't "earn" it.

You seem to have missed the fact that the money that will trickle down will be some subset of my the taxes I paid.

Of course, I also believe in inheritence taxes....
1. They paid into it, no?

2. ...and the taxes the recipients paid.

3. Morally and legally, I can't justify inheritence tax. Practically and pragmatically, it seems sensible for the truly insanely rich to return a portion of their estate. I say that for two reasons: (1) they don't need the money, and (2) their massive wealth has allowed them to utilize tax avoidance mechanisms not available to the average Joe, so an inheritence tax works as a sort of catch-all to grab the taxes they avoided for so m,any years. I am uncomfortable with both of these weak justifications, but can't come up with any others. The truth is that it really is an unfair tax.
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