[Enoch Root]

Originally Posted by Knalus

Ok, but they are dead. Most people are concerned with outliving their money, and savings are important to avoid that. But an estate tax (or rather, an increased transfer tax, you've done a good job enlightening people that even though there is no estate tax, that the estate is still taxed upon death) should not affect people's ideas about saving - because they are dead. Death kinda wipes out any need for savings. No one thinks "Ima gonna need that after I'm dead".

Of any possible tax, shouldn't a death tax, or an estate tax, or a wealth transfer tax, or whatever format upsets you the least, shouldn't that form of tax have the lowest impact on savings of any tax out there? If our goal is trying to incentivize savings.

Do you have any children?