Screw You.
This paper examines the impacts of a higher estate tax rate on asset accumulation, small and family businesses’ cost of capital, investment outlays, desire to hire, size of payrolls and jobs. In each instance, raising the estate tax has significant negative impacts. In particular, letting the tax rate rise to 60% will cost as much as 1.5 million jobs, and even a more modest rate of 15% could diminish hiring by over 350,000 jobs.
The Estate Tax: looting people AND destroying jobs, is there anything it can't do?
1 comment:
"The Estate Tax: looting people AND destroying jobs, is there anything it can't do?"
it's very good at advancing the state of learned helplessness necessary for socialist tyranny.
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