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Since they are just going to squander it anyway, it becomes even harder to see a serious objection to severe estate taxes then. :)
by LarryDarrell 9y ago
Since they are just going to squander it anyway, it becomes even harder to see a serious objection to severe estate taxes then. :)
- nybble41 9y agoSpending inherited money is not the same as squandering it, and of course this does not occur in every case. More to the point, however, the objection to the estate tax does not depend on how the inheritance is used. The owners of the estate desired to give it to their inheritors, not the government. As the owners, and thus the ones who either earned the property or received it as a gift from others, the final disposition of their property is properly their decision to make.