Quote:
Originally Posted by CliffFletcher
More robust inheritance taxes are probably necessary to slow Canada's acceleration into a class society. More and more of a person's station in life in determined by the advantages and money they inherit from their parents. In another 20 years, Canada will be a lot more like the U.S.
Of course it's politically untenable, so it won't happen.
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I don't see the logic here. We should enact an inheritance/estate tax to prevent becoming the US...Although they have had such a tax for basically two hundred years in one form or another?
We already pay enough tax and frankly there are a chunk of these that are already double dipping by the governments. I don't think we need another egregious example of that idea.