Quote:
Originally Posted by Jason1
Hopefully Obama brings back that tax on 1 million dollar or more estates. Dead people dont know they are paying taxes...
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Estate taxes destroy American wealth and PREVENT the middle class and lower classes from advancing their status and wealth. Essentially, if you like the way the US class system currently works, if you want to call it clas system, then you should LOVE estate taxes, because they maintain the status quo, keep rich people rich and poor people poor.
On the surface estate taxes seem somewhat reasonable, but like most non-income tax systems, once you take a hard look and see how they are applied, the gilding quickly wears thin.
If you would like to know how in detail, I'd be happy to tell you, but you have a habit of skimming my posts and I'd prefer not to write the example if it's not going to be read as it is a personal anecdote I care deeply about and changed my view of government forever. And I've written about it before, but that doesn't mean anyone bothered reading it.