Waiting for Fitzgerald

[taxwonk]

Originally posted by Penske_Account
1. My issue with spending and taxing is I want to see it, in plain, undisguised form. Then I can go to the ballot box and make an informed decision. Don't tax me in 8 million ways. Make it one tax and then I can see the affect and vote accordingly.

2. I dispute the did not earn it. A family unit is a cohesive concern. And perhaps the sacrifices of the family members who are not actually named on the paycheck contributed to the person whose name is on it being able to earn it.

3. The problem I with an exemption levels is that the least of the very rich get hit the hardest, while the very very rich can spend a proportionately less amount of their wealth to avoid it completely. Why should the government be creating an incentive for the tax avoidance industry? (or any industry, I am against all govt incentive/distortion as created by a tax code).

I have no sympathy for anyone dying leaving a $20 million estate.