Quote:
Originally posted by sebastian_dangerfield
Yeh, that seems fair. We both get to keep it all. If we must be taxed, we should also all be taxed at the same rate.
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There is something appealing to the idea of taxing all inherited wealth at the same rate. But it's also eliminating a tax break that has long applied only to the middle classes. Sure, Paris gets the same break, but it's insignificant percentage wise.
And Burger: philanthropically, do you think that the repeal of the estate tax entirely will help or hurt the philathropy rate among the upper class, given that charitable donations will no longer be given favorable (estate) tax treatment? I'm thinking hurt, on average.
