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General Discussion

Jeff In Milwaukee

(13,992 posts) Tue Apr 8, 2014, 10:06 AM Apr 2014

A Modest Proposal [View all]

In return for a much steeper progressive tax rate (and I'm talking a return to something closer to the Eisenhower-era), we eliminate the Estate Tax.

In theory, if we eliminate the ability to amass huge piles of wealth, we eliminate the need to tax estates after the fact.

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13 replies

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A Modest Proposal [View all] Jeff In Milwaukee Apr 2014 OP

I think your theory is off ..... oldhippie Apr 2014 #1

Good point... Jeff In Milwaukee Apr 2014 #3

And governments have been trying to close that loophole .... oldhippie Apr 2014 #4

Their is the living will route already Boom Sound 416 Apr 2014 #2

Estate taxes need to be revised upwards for families handing down real estate. The value of farmland KittyWampus Apr 2014 #5

Don't quote me on this... Jeff In Milwaukee Apr 2014 #9

Wealth is not income cthulu2016 Apr 2014 #6

If you sell the land, you have a capital gain Jeff In Milwaukee Apr 2014 #10

I won't support allowing them to keep the money they have stolen. rrneck Apr 2014 #7

I'd prefer a flat income tax system if we can get a 100% estate tax. bemildred Apr 2014 #8

No, inheritance tax should be massively raised, not abolished. This is an appallingly unjust idea. Donald Ian Rankin Apr 2014 #11

My logic here (if you want to call it that) Jeff In Milwaukee Apr 2014 #12

+1. If they can't take the money and run, then they won't. nt bemildred Apr 2014 #13