Comment You sound dishonest (Score 0) 300
Only the dishonest call it the estate tax. Just like every other attempt the government uses to obfuscate, the name "estate tax" does not imply it's effect. Instead, it makes it sound benign.....which it is most definitely not. It's really rather simple: since all of the money and assets in one's estate has been taxed during one's lifetime, it is immoral to tax it again upon their death.
That is why it should be called the Death Tax. It is triggered upon one's death and for no other criteria. The death tax is unlike every other kind of tax we have which normally tax transactions (income, capital gain realization, use tax, etc). Literally, the only way it comes into play is if you die -- which everyone does.
That is why it should be called the Death Tax. It is triggered upon one's death and for no other criteria. The death tax is unlike every other kind of tax we have which normally tax transactions (income, capital gain realization, use tax, etc). Literally, the only way it comes into play is if you die -- which everyone does.