In what way is a parent giving assets to a child undemocratic? Has
any parent been denied the same opportunity, equal before the law? It
makes no sense that an individual is free to give their money away, so
long as they don't give it to their kin. I really do not understand
the principles and assumptions that are at the root of your statements.
Matthew
On Feb 1, 2009, at 5:17 PM, Tom Piwowar wrote:
Not really - it was originally to make the wealthy pay a higher share
of government costs, not to simply enact transfers of wealth. Big
difference.
You ignore history. The motivation can be seen most clearly by
examining
inheritance taxes. The goal is to extinguish dynastic succession,
which
is fundamentally undemocratic.
Of course the cons/neocons think royalty is just fine. They even
coined
the misleading term "death tax" to obscure their true motives.
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