Comment

South Bay Poles

650
Olsonist2/01/2010 10:41:45 am PST

re: #638 reine.de.tout

My parents worked hard all their lives, and saved.
Their income was taxed, whether they spent it or saved it. The interest on their savings and the earnings on their investments were taxed.

And then it’s supposed to be taxed again when they leave it to me? How many times do you propose to tax a particular portion of money? In my book, fairness would be to tax it once, then no more.

I’m glad your parents worked hard and hopefully they instilled those values in you. But income is income.