on the death tax:
Even the most libertarian portion of my brain recognizes that there must be some taxes for a modern society to function at all. Given there have to be some sort of taxes, I’ve always thought the inheritance tax was one of the more reasonable ones. The person from whom the money is taken no longer needs it. The person to whom the money would otherwise be given has, likely as not, done little or nothing to earn it. It’s a relatively easy tax to get out of paying; just spend your money or give it to the people you want to have it before you die. A whole industry has grown up providing ways to protect your money from inheritance taxes through the use of trusts and other devices. Often, close corporations can be formed to keep the money from being taxed. Yet, for reasons I don’t quite understand, the inheritance tax is an absolute hot-button item for very many people. The 60 plus organization alternative to AARP listed killing this tax as one of its top two priorities. But why?
Because it's nothing more than theft by government just because it can; it's stealing from the one who earned the money, and from the ones he'd like to leave it to; because every damn penny you earn is taxed multiple times and ways over your life, and this is the government saying "Now that you're dead, we're going to tax it all AGAIN." Because it destroys businesses and farms, and wipes out what someone hoped to leave to family or friend or whatever.
Because you shouldn't have to play games and more taxes before you die just to see that your estate isn't raped AFTER you die.
Because so many of the God-damned hypocrite politicians who insist "It's only fair!" have accountants and tax attorneys finding ways to shelter every possible penny of their estates from it, while calling anyone else who doesn't want their estate raped 'unfeeling' and 'greedy' and anything else they can think of.
How about those reasons?
Note: title changed after this received in comments from Bookworm,
Just to clarify, my dear friend Don Quixote wrote that one while I was away on vacation.
Duly noted, and title changed to reflect wasn't by Bookworm herself.