Quote:
Originally Posted by mrkajz44
As for the estate tax, I echo those who say getting taxed twice (once when earned and once when inherited) is unfair.
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Is that different than any other money transfer though? If I earn money, so long as I keep it I only pay tax on it once. If I go and hire someone to do some work for me, then when I transfer that money to them they pay tax on it. If I use it to buy stuff at a store, they pay tax on it. Why is it any different if I transfer that money to my descendants?