The former taxes the dead donor. The latter taxes the recipient. The difference could be huge, depending on the details.
mbs BTW, what's the difference between the "estate tax" and the "inheritance tax"? JD -----Original Message----- From: Ian Murray To: [EMAIL PROTECTED] Sent: 6/13/2002 9:52 AM Subject: [PEN-L:26839] Re: Inheritance tax is Marxist ----- Original Message ----- From: "Charles Brown" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, June 13, 2002 9:45 AM Subject: [PEN-L:26838] Inheritance tax is Marxist > Inheritance tax is Marxist > by Ian Murray > 12 June 2002 19:09 UTC > > > > > > Manifesto > > of the Communist Party > > 1848 > > > > http://www.anu.edu.au/polsci/marx/classics/manifesto.html#Proletarian > > Of course, in the beginning, this cannot be effected except by means > of despotic inroads on the rights of property, and on the conditions of > bourgeois production; by means of measures, therefore, which appear > economically insufficient and untenable, but which, in the course of the > movement, outstrip themselves, necessitate further inroads upon the old > social order, and are unavoidable as a means of entirely revolutionizing > the mode of production. > > > > These measures will, of course, be different in different countries. > > > > Nevertheless, in most advanced countries, the following will be pretty > generally applicable. > > > > 1. Abolition of property in land and application of all rents of land > to public purposes. > > > > 2. A heavy progressive or graduated income tax. > > > > 3. ABOLITION OF ALL RIGHTS OF INHERITANCE ( emphasis added -CB) > > > > ===================== > > The philosophical and legal arguments for abolishing inheritance had > been around before KM was even born. > > ^^^^^^^^ > > CB: You provided the heading - "Inheritance tax is _Marxist_". What is the significance of it being Marxist, since, no doubt, the inheritance tax was around before KM was born , too ? > ==================== Because Phil Gramm, incorrectly, asserted it was a Marxist idea. That Marx was even mentioned by a major US politician in the 21st century is interesting no? Ian Ian
