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

To: TigerPaw who wrote (10047)	1/27/2006 2:53:00 PM
From: TimF	Read Replies (1) \| Respond to of 543660

but that the benifit is limited solely to real property. I'm perfectly willing to let people pass on fictional property to their heirs as well. <g> An estate is by definition property that is passed on. If you don't have something as your property than you can't pass it on. Perhaps it's not so easy to valuate other contributions, I don't even see why that should be an issue. An estate is not about how much contributions should be valued, and I don't see how it could be or why it should be. but it is bad for the country to shift all benefits to one side of the capital-labor equation. There is no shifting of the benefits. The benefits are what they are. If they government responds to the situation to try and make things fair (whether it is more fair or not) it is making a shift. You might have a good job. You might also be tall. You might like both things. The first might allow you to contribute to society. The 2nd probably less so. Neither is something that can be passed on to others. Its unlikely that if your heirs are not tall that the government could make them tall, but it is trivial for the government to make them wealthy. But why should the government give them wealth or take wealth away from the heirs of business owners. If you have a good job you have a good shot to have wealth to pass along to your heirs. Maybe a better shot than an owner of a small business. Should you get to pass along wealth that the small business owner does not? Lets try to get specific. Do you advocate not allowing business owners to pass along wealth to their heirs? Do you advocate that they should get to pass along wealth but less of it than they do now (i.e. higher inheritance tax rates, less loopholes or exemptions, tax kicking in at a lower level of wealth, ect)? Do you think that the heirs of someone with a good job but little or no accumulated wealth should get a subsidy from the government to equal all or part of the incomes stream from wages that was earned by the person who died? Do you think that the heirs of someone with a good job and a lot of accumulated wealth should get a subsidy from the government to equal all or part of the incomes stream from wages that was earned by the person who died? Why? Tim