Machiavellian said:
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. |
Bonuses and overtime shouldnt be taxed any different than basic income. Why should the goverment get a bonus because of my work? We have way too many taxes and far too many politicians. We pay these people 100K+ each per year with all of the money they say is for roads and infrastructure. How many taxes do I need for roads? 90% on them in California suck and we clearly dont use tax money for what it was initially slated for. Property tax is designed to allow the goverment to continually own your property. If you fail to pay they take your property. That money goes to infrstructure about as much as miy paycheck goes to cocaine and hookers....none, although some of it probably should.
