Ka-pi96 said:
Why aren't you opposed to estate tax? Every single penny you earn as already taxed. So it's effectively like the government are saying "yeah, you know that shit tonne of tax you paid during your whole life.... well it's not enough. So we're going to take some more now and there's nothing you can do about it cuz you're dead". There's also literally no justification for it. Income tax, you're profiting off of the national economy so tax makes sense for that. Housing tax, you're gaining the ability to make use of basic public services such as the police, fire department or waste collection, makes sense to pay for that. Tax because you dyed? What logic is there to that? The government don't even pay for the funeral or anything so it's not as if that's where the tax money is going. |
Perhaps it would help if I framed it a little differently. Here are two different ways of looking at it. I would appreciate it if you answered the follow-up questions.
#1:
The government is currently raising X dollars in taxes. They do this by income tax, sales tax, property tax, etc. etc and the estate tax. In order to do tax reform in a revenue neutral way, abolishing the estate tax would mean a raise in income tax, or some other tax.
My follow-up question is thus: Would you be for or against a proposal to abolish the estate tax while simultaneously raising other taxes to make up the difference?
Anyone who is against this proposal isn't really opposed to the estate tax but just wants to cut taxes and is using the estate tax as a convenient boogeyman to do so.
#2:
The estate tax is nothing more than a "delayed income tax". Delayed until you die. Granted, it doesn't work exactly the same as income tax does, but if you have accumulated wealth during your lifetime, surely this could be considered income. My follow-up question is thus either (A) If you disagree with the "delayed income tax" concept, why? or (B) If not, what is worse about a delayed tax versus one that affects you when you're alive?
Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.
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