Re:regarding small business... (Score 1)

Multiple taxation shouldn't exist anyway, but the inheritance tax is one of the worst taxes that can be paid. Yes, the government routinely takes several little percents off of every transaction, but with inheritance we're not talking little percents, we're talking lopping off huge chunks. Would you buy a $30,000 car if you had to write a check to the federal government for $10,000 in addition to what you currently have to pay, just because you bought a car? How about taxing Christmas presents? (I mean all Christmas presents, I'm not talking about the gift tax). For instance, let's throw in a 5% tax on all Barbie dolls this Christmas. By the way, that would be payable by your son or daughter. I'm sure the government wouldn't mind if you wrote the check, though. Ben