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Originally Posted by host
Only the welathiest American families are subject to inheritance taxes and they have been paying them since 1916. Why are you so concerned about relieving these folks of these taxes?
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Just because a law has been around for a long time and only targets a relatively small group of people doesn't mean that it's morally defensible. I am "concerned about relieving these folks of these taxes" because I disagree with this type of taxation.
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Originally Posted by host
If they do not pay inheritance taxes at the current rate, you and the rest of us will owe a greater collective federal debt, at higher interest rates.
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In that case, it would be a good idea to cut foreign aid and social program spending to compensate for the lost revenue.
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Originally Posted by host
Are you aware of the ways that the wealthy already minimize their inheritance tax exposure?
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I'm not familiar with the rules of estate taxes, so I don't know how wealthy people avoid paying them. But I wouldn't be surprised to learn that some of those who are opposed to this property confiscation are looking for ways to protect themselves from it.
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Originally Posted by host
My point in sharing this is that your concern is misplaced. Your government has been taken over by tax cutters who seem more concerned with upsetting the past, balanced tax structure to further enrich their wealthy campaign contributors.
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I happen to disagree with this aspect of the tax structure.
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Originally Posted by host
This weakens the purchasing power of our currency and guarantees a rising debt obligation for your chidren.
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I don't have children.
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Originally Posted by host
Many of the wealthy do not want the tax repealed.
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Repeal the estate tax anyway. Anyone who wants the government to get a chunk of their wealth when they die can probably specify a donation to the bureaucracy of their choice in their will, cant they?
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Originally Posted by host
If you are wealthy enough now to be concerned, I've given you tips on avoiding the tax.
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By building museums and new wings in hospitals? So people should be expected to give their money away in order to keep it from being confiscated?
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Originally Posted by host
If you are not, why are you concerned?
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Because it's wrong.
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Originally Posted by host
The accumulating federal debt and deteriorating purchasing power of your dollars is guaranteed, even with the help of inheritance tax revenue.
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So why screw people over in an attempt to avoid the inevitable?
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Originally Posted by host
You becoming wealthy enough to personally benefit from repeal is a dream or an ambition. Do not let politicians maniplulate you into voting against your own best interests, anymore.
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What if I believe that individual rights are my best interests?