Trump's tax proposal: raise taxes on the poor, give to the rich

[Machiavellian]

Superman4 said:

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.

No, that money was taxed for the person who made it.  It was not taxed for the people who are receiving it.  The people who are receiving it did nothing to make it so just like any personal gain you receive you should be taxed.  I am all for getting rid of the estate tax but only if as I stated, getting rid of bonus or personal gain that I am taxed as well.  If not they I do not see where I should accept any special privillage for the rich.  You can argue this all day but in the end, the people who are inheriting an estate did not contribute to the gain and thus should be tax just like everyone else.