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The problem is that number was as low as $1 million a decade ago. Inheritance taxes are a political football, and the current system just blindly taxes the esta
by debug-desperado 5y ago
The problem is that number was as low as $1 million a decade ago. Inheritance taxes are a political football, and the current system just blindly taxes the estate rather than the one who receives the inheritance. If the goal is fairness or distribution of resources, it makes sense to switch to system like in Ireland where each heir is taxed individually.