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? asked in Politics & GovernmentGovernment · 10 years ago

why not have the inheritance tax be 100%?

then everyone would have an equal chance in life

10 Answers

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  • ?
    Lv 6
    10 years ago
    Favorite Answer

    I don't think I would go THAT far, but...

    "there ought to be a limit to property or the accumulation of it by bequest." -- Thomas Paine, from 'Rights of Man, Part the Second' (1792)

  • 10 years ago

    So all your property, any house, (no mater how small,) car, everything goes to the government when you die.

    Also today, most of the farms in this country are family farms that have been in the family for generations. That stops as soon as this generation dies. The government owns the farm now. The government has to sell it to someone who can operate it. Since few people have the money to buy a farm, 99% of the farms in this country will be run by big evil corperations in a single generation.

    I love your vision for America.

  • ?
    Lv 4
    4 years ago

    Our financial device and, by using extension, our government is provided on a device of incentives.There could be no limits on what human beings can earn. If business enterprise vendors hit the wall at $3 hundred,000, they are going to close the doorways and permit their workers be supported by using the government (the taxpayers). on your destiny, there will be fewer taxpayers to hold that further load. Farms and different companies would be liquidated to pay inheritance taxes. you want to wipe out the backbone of our financial device. Who interior the He11 could ever initiate up a clean business enterprise or improve new drugs or different products and technonogies in the adventure that your stupid limits have been in place? And what appropriate to the wealthy young infants who improve the kinfolk business enterprise and hire greater human beings? Why could they take it interior the shorts? Why no longer enable them to construct an more suitable business enterprise? If lack of expertise is going as much as $2 a barrel, i want drilling rights on your head. I promise to stop as quickly as I hit $3,000,000.

  • Anonymous
    10 years ago

    that does nothing with having an equal chance in life. to really have an equal chance at life, everyone must be from the exact same house, the same age, the same upbringing the same schools, clothes, food etc... moneys a small part of it. look at our president with his elite education and good upbringing. i don't know how paid for his ivy league edjucation. i do know he went to private schools his entire life

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  • 10 years ago

    Okay as soon as the allowance you give to your kids be taxed at 100% too, not to mention every miscellaneous purchase you make for others.

    Can't have you giving money or gifts to people when others don't have that privilege now can we?

  • Bob B
    Lv 7
    10 years ago

    No. If someone earns money and saves it up to support their family, they should have the right to give it to their family when they die.

    People's earnings, apart from reasonable taxation for government services, are their own and it should be their choice to decide what happens to them.

  • 10 years ago

    Because everything would eventually be gobbled up by the government turkey's gobble gobble. Socialism is Obama's dream not ours.

  • ?
    Lv 4
    10 years ago

    When I'm working and making money for my family, I'm not really thinking of you. You could make your own way in life and then you wouldn't have to depend on dead people's money. Creepy.

  • 10 years ago

    because why should anyone have a right to your grandfathers money......wtf, gosh you libs are just out there man.

  • 10 years ago

    Why? It isn't my fault your parents aren't successful.

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