Jeff Carter:
"Doesn’t the government get enough during your lifetime? I understand the initial sentiment behind the death tax. It was put in place to try and stop dynasties from forming. Advocates looked at generational wealth in Europe and wanted each generation to be put at the same starting line.
But, trying to be “fair” never works. The Koch brothers kids will always have advantages over mine. The great thing about the US is it doesn’t matter. My kids can be just as successful as the Koch kids if they create something.
Did the creator of
Spanx come from a silver spoon background? No.
She went to Florida State and was the daughter of an artist and lawyer.
The problem is, you will never put anyone at the same starting line with anyone else. That’s why the Constitution and Bill of Rights read as they do. Every human has “inalienable rights”. It doesn’t mean Sam and Joe start the human race with exactly the same amount of assets. Life isn’t a board game.
States are beginning to understand this. Citizens are leaving their state to avoid the tax. The other problem they are having is as one generation dies, the next is being forced to liquidate productive businesses to pay the death tax. This hurts local economies...." (Read more? Click title)
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