TIP: Click on subject to list as thread! ANSI
echo: barktopus
to: Gary Britt
from: John Beckett
date: 2007-06-14 18:33:38
subject: Re: The Laffer Curver, Still far from the bottom - Deficit Down 34.6 pe

From: John Beckett 

Gary Britt  wrote in message
news::
> There is no justification at all, morally or economically, for any amount of
> death taxation.

What about the argument that once a family has accummulated (say) $100M,
they get an advantage that can't be matched. A large amount of cash pays
for managers who ensure that the pile increases with no commensurate effort
or community benefit.

When you have $100M, you can pay people to engineer elaborate schemes so
you have an "opt-in" tax system - those controlling the pool can
pay whatever they want (or more likely, don't want).

A death tax is a brick wall which says, "Let's see, you started with
$100M, and now 30 years later you're dead, and you have $1B. Some
percentage of that needs to be redistributed."

John

--- BBBS/NT v4.01 Flag-5
* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45)
SEEN-BY: 633/267 5030/786
@PATH: 379/45 1 633/267

SOURCE: echomail via fidonet.ozzmosis.com

Email questions or comments to sysop@ipingthereforeiam.com
All parts of this website painstakingly hand-crafted in the U.S.A.!
IPTIA BBS/MUD/Terminal/Game Server List, © 2025 IPTIA Consulting™.