SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Feraldo who wrote (167405)8/3/2001 4:36:32 PM
From: Lazarus_Long  Read Replies (2) | Respond to of 769667
 
I hear you. I have waffled back and forth on this one. It's a tax with a laudable goal that at the same time seems inherently unfair.

The goal is to prevent the multi-generational accumulation of vast wealth that effectively creates an American aristocracy. And there is a good argument that even at a 50% rate, it has failed (think Kennedy) because of the many ways of evading it.

And there is an arbitrariness to it that makes it seem little more than legalized theft.