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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (42532)	2/22/2001 6:58:11 PM
From: 2strongthumbs	Read Replies (1) \| Respond to of 70976

As with everything, there are 2 sides to Estate Taxes. Yes, the concept of a distribution of wealth holds some merit. However, my problem with this re-distribution is who is distributing it! The Gov't. As discussed, wealth tends to create mediocrity. More true than false. Following this thinking, because the Gov't isn't run like a business, that money is thrown at problems, mismanaged and stolen. There simply is no accountability with Gov't. Then we could say that by funding the goverment with taxes, taxes and more taxes that we are funding the mediocrity and unaccountability of the gov't? And isn't the taxation of money earned, and thus taxed prior, a little too much? If the early Patriots of this country got pissed about a tax on tea, what do you think they'd say about working till May to pay your taxes, saving and investing the remains only to pay more taxes as you take your last breath? I also think that everybody assumes that millionaires live like Kings. This isn't true. The book, "THE MILLIONAIRE MIND" proves this. Some have worked their butts off, accumulated wealth and lived like paupers. Should they be penalized because they tried to pass it on to thier families instead of put it into the economy?