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| 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 |
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