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Joseph Oberlander
 
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Michael McKelvy wrote:

Btw, the most onerous one of all is the death tax. It keeps the
middle-class fomr gining wealth. The wealthy manage to dodge
this with a few simple but little-know methods.


But the leftists argue we need such a tax to keep wealth from being
concentrated in a few families. You know, like the Kennedy's, the
Rockefellers, the Bush's, and the Kerry's.


I know, but it fails in two ways.
1: It is onerous to the point of moving overseas before you die
that 70% of everything you managed to make in your life is
taken by the government when you die. This is hardly any different
than your King taking back his land. 70% is outrageous considering
you paid 20-30% your whole life into the system.

2:The loopholes that the wealthy have via trusts and corporations
and so on allow them to keep 100% of their wealth. So all it
really deos is keep the small guys from getting ahead.

But we both know this. That's why it's more correct to call it
a death tax.