3 ms·
It is absolutely within parents' rights to give their property to whoever they want - as long as the child pays the income tax on the money that fell from the s
by AlexTWithBeard 8y ago
It is absolutely within parents' rights to give their property to whoever they want - as long as the child pays the income tax on the money that fell from the sky.
- imtringued 8y agoThe parents already paid income tax. Where is the problem? Children inherit lots of things from their parents like their genetics, upbringing, location, food, clothing and a place to live without paying taxes on those things so why should the inherited money or property be taxed? All of those things "fell from the sky", how is money different?