BecauseIKnow
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- Aug 5, 2012
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I'm curious why some people think that if a person dies that entitles the government to confiscate part of said dead persons wealth and/or belongings?linked article said:Eliminate the estate tax, potentially providing a staggering $8.9 billion windfall to Adelsons heirs.
Lol no one wants to talk about this
Don't care. It's his money NOT mine.
Don't care. It's his money NOT mine.
? ....that doesn't matter to you that the rich get that big of a cut?
Lol no one wants to talk about this
No one cares.
Except the left.
It matters to most Americans
that big a cut? Its theirs, not the governments.....He acts like these people are taking something that doesn't belong to them.Don't care. It's his money NOT mine.
? ....that doesn't matter to you that the rich get that big of a cut?
Nope, not in the least.
I'm curious why some people think that if a person dies that entitles the government to confiscate part of said dead persons wealth and/or belongings?linked article said:Eliminate the estate tax, potentially providing a staggering $8.9 billion windfall to Adelsons heirs.
A heavy progressive tax upon a very large fortune is in no way such a tax upon thrift or industry as a like would be on a small fortune. No advantage comes either to the country as a whole or to the individuals inheriting the money by permitting the transmission in their entirety of the enormous fortunes which would be affected by such a tax; and as an incident to its function of revenue raising, such a tax would help to preserve a measurable equality of opportunity for the people of the generations growing to manhood.
I'm curious why some people think that if a person dies that entitles the government to confiscate part of said dead persons wealth and/or belongings?linked article said:Eliminate the estate tax, potentially providing a staggering $8.9 billion windfall to Adelsons heirs.
funny you should ask. Here's a former President's view
A heavy progressive tax upon a very large fortune is in no way such a tax upon thrift or industry as a like would be on a small fortune. No advantage comes either to the country as a whole or to the individuals inheriting the money by permitting the transmission in their entirety of the enormous fortunes which would be affected by such a tax; and as an incident to its function of revenue raising, such a tax would help to preserve a measurable equality of opportunity for the people of the generations growing to manhood.
Read more: Teddy Roosevelt, Socialist Advocate of Progressive Taxation - Steven Waldman