PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: DuckTapeSunroof who wrote (742785)	6/16/2006 1:49:49 AM
From: Peter Dierks	Read Replies (2) of 769667

As I have explained before the estate tax is immoral to the extent that it creates a double jeopardy for a single income event. If you wish to keep the estate tax for income accumulations that have not been taxed, I would agree that it would be moral. So, for example, if a person has avoided taxes through some "targeted" tax cut such as excluded gain on the sale of a principal residence, that could be taxed in their estate quite ethically. Our Constitution prohibits Double Jeopardy in criminal proceedings; it should be banned in tax laws as well.

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