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Simple: We need taxes. The questions is only what kind of taxes. The inheritance tax is a very democratic tax and benefits society as a whole. And it is good f
by r3m6 12y ago
Simple: We need taxes. The questions is only what kind of taxes.
The inheritance tax is a very democratic tax and benefits society as a whole. And it is good for your kids.
See also http://www.spectator.co.uk/features/269796/listen-to-adam-smith-inheritance-tax-is-good/ http://www.spectator.co.uk/features/269796/listen-to-adam-sm...
- jessaustin 12y agoIt might be fair and it might be progressive, but how is it "democratic"?
- JasonFruit 12y agoBecause it takes from a few people and gives to many. More people would vote for it than not.
- gambiting 12y agoAh, Robin Hood democracy. Of course villagers would vote to take away from the king and give to themselves. It all depends on the perspective - if a regular Joe Smith realized that his child will not be able to keep his house because they would never afford to pay 85% of its value in tax, they might not vote for such a law.
- JasonFruit 12y agoMere details. Certainly one could devise a tax code complex enough that Joe Smith couldn't hope to judge its effect on him.