LogFAQs > #936548013

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Topic	ITT: You explain why inheritance/estate tax shouldn't be taxed at like 95%
TheMikh 03/31/20 4:21:50 PM #20:	shockthemonkey posted... Inheritance tax should be a marginal tax rate that starts at 0 but gets up to 90% after a fairly high threshold. Like you should be allowed to set your family up pretty damn well but your grandkids shouldnt be able to live entirely off of interest if someone's inheritance is sufficient to live off of compounding interest, it's probably not in the form of liquid assets not so easy to tax, and comes with economic externalities when attempted --- https://imgur.com/A0TAfek <cite>TheMikh posted [p:936548013] in ITT: You e... [t:78526872]...</cite> <quote>shockthemonkey posted... </cite> <quote>Inheritance tax should be a marginal tax rate that starts at 0 but gets up to 90% after a fairly high threshold. Like you should be allowed to set your family up pretty damn well but your grandkids shouldnt be able to live entirely off of interest</quote>if someone's inheritance is sufficient to live off of compounding interest, it's probably not in the form of liquid assets not so easy to tax, and comes with economic externalities when attempted --- https://imgur.com/A0TAfek</quote> ... Copied to Clipboard!
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