Machiavellian said:
They are not taxing the rich after they die, they are taxing the people who inherit the fortune. Its no different then the gift tax when you get a bonus or something of value from your job. I know if I have to pay those taxes which I do for ever bonus or vacation house giving to me as a perk from my company then rich people who inherit a crap load of money should also pay their share as well. Maybe they donot have to pay as much but getting rid of it all together, no way unless they take away the bonus tax and other taxes on personal gain. |
The issue is that that money has already been taxed. Taxing it again because they die and pass it along is just stupid.
