LogFAQs > #936547834

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Topic	ITT: You explain why inheritance/estate tax shouldn't be taxed at like 95%
emblem boy 03/31/20 4:19:01 PM #19:	kayoticdreamz posted... inheritance tax is wrong. The shit was already taxed when the person got it in the first place. It's a double tax. Plus why should parents who have a natural desire to leave their legacy behind to the next of kin get punished for that? WTF did the state do to deserve millionaire bob's mansion? It's already taxed at an absurdly high rate as is Get off your communist high horse TC If the issue is double taxation, I'd think people would have an issue with a lot more other stuff. I'm sure some do, but inheritance tax seems on the low end for that concern. I guess it depends on if you think money should be taxed when it "switches hands"? --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:936547834] in ITT: You e... [t:78526872]...</cite> <quote>kayoticdreamz posted...</cite> <quote> inheritance tax is wrong. The shit was already taxed when the person got it in the first place. It's a double tax. Plus why should parents who have a natural desire to leave their legacy behind to the next of kin get punished for that? WTF did the state do to deserve millionaire bob's mansion? It's already taxed at an absurdly high rate as is Get off your communist high horse TC</quote> If the issue is double taxation, I'd think people would have an issue with a lot more other stuff. I'm sure some do, but inheritance tax seems on the low end for that concern. I guess it depends on if you think money should be taxed when it "switches hands"? --- Pitter-patter, let's get at 'er</quote> ... Copied to Clipboard!
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