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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: ManyMoose who wrote (9272)6/10/2006 5:49:25 PM
From: Jim S  Respond to of 71588
 
Sounds like we're coming to an agreement! <GGG> I agree with you completely about the unfairness, especially for relatively modest estates. It's the really large estates that could become a problem if too much is controlled by too few.

But, like I said, I don't really have any good solutions for those times when capitalism works TOO well for too long.



To: ManyMoose who wrote (9272)6/13/2006 3:20:07 PM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
"I still don't get the principle that says we tax you when you earn it and we tax you again when you die."

Double jeopardy is not legal in the criminal system, why should it be legal in taxation. It is difficult to acquire substantial net worth without paying taxes on it. When an estate tax kicks in it is defacto double taxation of a single income event. It should not be permitted.


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