Quote:
Originally posted by sebastian_dangerfield
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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Once you're dead, you have no rights. No one -- especially not rich people -- likes the idea that you can't go on controlling things after your death, but that's the way it is.
The inheritance tax is about the rights of the children of rich people to collect their parents' wealth after their parents die.
