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Politics : Formerly About Advanced Micro Devices
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To: steve harris who wrote (317045)12/23/2006 9:57:55 AM
From: RetiredNow  Read Replies (3) of 1574483
 
Well, I actually agree with no death tax for inheritances of up to $2M or so, increasing every year by the inflation rate. That allows a middle to upper middle class family to save all their life and give their kids a chance to go even farther. But more than that and we should adopt a progressive tax that gets steeper as the inheritance gets larger, topping out at 50% or so. Then use the increase in tax revenues to cut taxes for the middle class and poor. That will help create a recirculation of wealth from the top back to the bottom.

I'm very unRepublican when it comes to taxes. I definitely believe in taxes the super-rich and cutting taxes for the poor and middle class, as a solid way to ensure a thriving middle class and class mobility. I think that is essential for a thriving Democracy.
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