Comment

South Bay Poles

704
Aceofwhat?2/01/2010 10:58:13 am PST

re: #685 Olsonist

Your parents and you are not worth X. They are worth A and you are worth B. A+B=X.

WE are a family. I am differentiating this tax from all other taxes because I find it far more intrusive.

However, in your example, let me fix your equation.

Pre mortem

A+B = X

Post mortem

0+X = X

where’s the income? why can’t this transaction remain between me and my parents? they didn’t PAY me to perform a service. I am TAKING their money.