Quote:
Originally posted by Penske_Account
I think it would be good politics and policy. It is immoral to tax death. Death is between you and your creator. Period.
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Taxes are bad any way you cut it. Taxing income, in my mind, is worse than taxing death.
But in any event, when you tax you try and do the least damage to the economy that you can. If the choice is between taxing an estate (or death as you would say) or taxing income, I would choose the estate tax.
The death tax, I don't believe, discourages anyone from being more productive. And it also encourages people to give their inheritance to charity instead of underserving offspring (like me).