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

To: michael97123 who wrote (33460)3/8/2004 4:03:42 PM
From: DMaA  Read Replies (1) | Respond to of 793637
 
The cost of collecting the death tax mostly wipes out the benefit of collecting it. And when you factor in the trillions spent trying to avoid it, it is a big net negative to the economy.



To: michael97123 who wrote (33460)3/8/2004 4:33:55 PM
From: LindyBill  Read Replies (1) | Respond to of 793637
 
How so? Please explain.

In order for Capitalism to work, you need capital. When you tax it away and spend it, it is not available.


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