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Originally Posted by Dark Messiah Yes, this is true. This is why I would rather have a lower income tax on the rich and a higher inheritance tax. Actually, ideally I'd like to just about abolish inheritance (over a certain cap), but I realize how incredibly impractical it would be to implement. |
Pretty absurd IMO, you want to tax money thats already been taxed. The point of making millions is to pass it off to your family after you die. Not to tax it so a bunch of minorities get it through welfare.