[dexterdog]

Gifts are taxable above a certain point which is kind of crazy since taxes were already paid on the initial income.

[decoyworker]

A lot of things are taxed multiple times. I pay income tax, then use that taxed income to purchase a vehicle which carries a sales tax, and for awhile I even paid a tax on the value of that car annually. Same money being taxed multiple times. All recurring property tax can be viewed this way.

Inheritance or gifts should absolutely be taxed as income to the person receiving.