> I guess the question is, when is your money your money? It is indeed your money once you've paid taxes on it. But leaving it to your children is a transfer,

> I guess the question is, when is your money your money? It is indeed your money once you've paid taxes on it. But leaving it to your children is a transfer, just as your employer paying you was also a transfer. As far as I'm concerned, payments to individuals based on zero productive activity should be taxed at 100%. EDIT: clarity