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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (9833)1/26/2006 12:15:37 PM
From: TimF  Read Replies (1) | Respond to of 541342
 
BUT the owner of the company has taken HIS money, put in all sorts of EXTRA hours....

None of that holds true if the owner just inherited the company.


It holds true for the owner he inherited it from. Why should his assets be taken by the government instead of disposed of as the original hard working owner wishes.

Also if your concern is about how hard the inheriting person has worked, well someone might also inherit a lot of money from a non-business owner who worked hard and had a large salary that he saved or invested. Should those savings or investments not be inheritable?

I don't support the heirs of some people inheriting all that success while the heirs of others get nothing.

Or to put it another way you support either the government seizing the wealth of those who had success when they die, or the government subsidizing the heirs of people who have not had financial success, or both.

Tim



To: TigerPaw who wrote (9833)1/26/2006 12:17:46 PM
From: KLP  Read Replies (1) | Respond to of 541342
 
Well, TP, maybe the owner of the company, or the owner of a lifetime of savings, should take the money in cash and bury it or take it to the street and burn it before he dies. There would be no estate.

Same if he/she owns a company. Fire everyone that works there. No one will win that way. No job for anyone.