re: #750 Obdicut

#1 is an argument why your ASSERTION that the estate tax was akin to other taxes is not necessarily true. I then asserted that i find the notion repulsive. Please be more careful with ASSERTING that i have not made an argument.

Right. And the estate tax is fair because it’s taxing unearned income, or a gift, or whatever you want to call it. Money is changing hands, and it’s not fair to not tax that money because it’s inheritance, but tax someone else for actually working hard to earn the same amount of money.

You are asserting that the estate tax is “fair because it’s taxing unearned income, or a gift, or whatever you want to call it”. (I want to call it whatever the dictionary calls it, by the way. Let’s stick with that.)

Fair enough. I am asserting that the estate tax is unfair because once i have paid my fair share of taxes on my income, i wish to be able to give whatever portion i desire to a family member without losing another percentage to the state. If i have $10MM and i wish to give $5MM to my daughter, i will actually give her $5MM plus the amount to be taxed so that she ends up with $5MM. My ARGUMENT is that you are taxing the donor, not the recipient.

The recipient is not taxed. The ESTATE is taxed. You know the one that the ESTATE OWNER already paid taxes on.