3 ms·
Yes, you enjoy benefits from paying money to the state. That's why we do it. Maybe ordinary tax could be reduced if it got more revenue from estates. I don't kn
by exporectomy 5y ago
Yes, you enjoy benefits from paying money to the state. That's why we do it. Maybe ordinary tax could be reduced if it got more revenue from estates. I don't know. The point is not where the money goes, but where it doesn't go - as unearned windfalls to arbitrarily chosen lucky individuals who are often unequipped to manage it effectively.
- yossarian1408 5y agoSuch a twisted view. If someone works hard their whole life, and wants their hard-earned (and already taxed) money/investments to give their children a leg-up, who are you to say no? So they waste half a million on a ritzy house, or spend a couple of months in Spain with their own kids. What's it to you?
- aaron-santos 5y agoZoom out a bit and apply systems-level thinking. We all know that a small number of locally applied rules lead to complex emergent behavior. Millions of individual inheritance decisions have an impact. We can choose to believe that people, individually making self-interested decisions, aggregates into a net good, but I'm not exactly convinced based on whatever first principles are in play.
- exporectomy 5y agoI'm not saying no. I completely agree with you. You must have misread my comment.
- alisonkisk 5y agoWe can tell people the money goes to their kids, but tax it after the parent dies, so their feelings aren't hurt.