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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (743048)6/20/2006 11:28:16 AM
From: Peter Dierks  Read Replies (2) | Respond to of 769667
 
Maybe Buddy resents not being an heir. So many in our society think that government Robin Hood can make them better off.



To: sandintoes who wrote (743048)6/20/2006 1:40:53 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769667
 
Am I 'kidding'?

No, not at all.

Multiple taxation is (unfortunately) quite common.

And --- as I'm sure most anyone would agree with --- taxation of inherited wealth is generally considered to have a macro economic effect that is less 'regressive' then, for example, taxes on CONSUMPTION (sales taxes, etc.), taxes on INCOME (triggered at far lower levels then 'wealth transfer taxes' hence, by definition: more regressive), or even TARIFFS, most 'USER FEES', etc.

Of course, as always, the 'devil is in the details'.