IMO there's just something morally wrong with taxing after tax money. I realize that wealthy people are looked at as fat cats by some but not everyone has had money bags fall in their laps and a lot of them spent a good portion of their lives working hard amassing their fortunes. My dad worked his ass off 7 days a week for over a decade never taking a holiday and I would hate to see him waste the good years of his life working only to see that half of those years were essentially wasted because the government is set to wait him out until he dies to re-tax it and soak his lifetime earnings once more. You can argue all you want about if the government is prudent with the money but the fact is that they got their tax money already on it and what's left is my father's money not theirs and he already paid them his dues on it. To further nickel and dime it because he's passed away is immoral IMO. You have to draw the line where a family's money is their own and the government can find other methods of income other than double dipping on lifetime earnings.
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