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by adamlett
3608 days ago
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Look at inheritance as a payment for providing happiness and support. In that case, shouldn't inheritance be taxed as income? I don't understand people who have problems with other people giving their money to those they love The problem I have is that some people receive large fortunes effectively tax-free that they have done literally nothing to deserve. I have no objections to people donating their wealth to whomever they choose, just as long as those who receive are taxed like everyone else. |
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But it was taxed as income already. I literally don't see any reason to tax it as such again. And there's plenty of people to get money they don't "deserve" - I would argue a lot of us software programmers don't deserve to be paid what we get paid and yet, we are. If I want to leave my child money that I earned and paid tax on - who are you to say if my child deserved that money or not?