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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (33446)3/8/2004 3:20:56 PM
From: michael97123  Read Replies (2) | Respond to of 793624
 
"Disagree on the death tax. You are flat wrong to say those billions will pass tax free. They've already been taxed several times. "

Of course income was taxed while person was alive. I still dont believe that all such funds needs to pass to heirs without an additional tax. You can make the same disincentive arguments that you can with high rates. If gates leaves 10 billion to his son or after tax 5 billion, it doesnt change a thing in how hard bill works. Mike