Comment: Re:Wimp (Score 1) 911
The person who died already paid the taxes, and his wish is to leave the money to whoever he pleases, but not the government, but the government comes in and says: you can't do so. We taxed you while you were alive and we'll tax your wealth once you are dead too for good measure, just to remind everybody who's the boss.
Daddy WarBucks has $10,000,000 in a bank account. I do a ton of construction and computer work for him with a $5,000,000 bill on it.
At the same time my bill is paid, WarBucks dies. His son, JR, gets the remaining $5,000,000.
Now, me and JR just got $5mm from WarBucks. For some reason, you claim that while I need to pay taxes on my $5mm for WORK I did, JR shouldn't have to pay a dime in taxes for money he got while sucking air.
WarBucks is dead. No one is taxing HIM. This is a debate over what happens to the money that is handed to someone else.
I contend that the money EARNED BY WORK is more sacred than money received as a gift. I have more of a right to that money.
However, I would find it acceptable if we were both taxed the same, since JR's dad died and all. Dead dad or not, he shouldn't pay less taxes than I have to pay.