Hacker News new | ask | show | jobs
by lores 439 days ago
It's taxed above a pretty reasonable threshold. You have the option of gifting your money tax-free to your children, or to public-good organisations. Hell, you have the option to spend some of the money you made in your lifetime! You earned it, spend it! See the world! Eat the finest cheeses for breakfast, lunch and dinner! Have a masseur on retainer! The kids sound pretty entitled anyway!
1 comments

Read my comment: your brother passes away without children and the Tax Agency steals 45% of his estate (and that's after the "discount" for the threshold, the actual tax rate over the threshold is higher than 45%). That's not reasonable at all.
I'm still getting 55% of the wealth my brother built for himself without putting any effort into it. It would be different if this were a spouse, but surviving spouses are not subject to these taxes.

Also, taxation isn't stealing. But if you genuinely feel that it is, you have the option of moving to a country with no functioning government. The Somali government, for example, has effectively no ability to collect taxes in most regions.

Why should one be entitled to the property of their brother? What's special about a brother that should be unavailable with leaving property to, say, one's best friend?
Communism never ends up well. Remember that when your wishes become reality.
Not only that's not communism, but, by the looks of it, greed-capitalism isn't turning out so well either, now, is it?
I don't see what this has to do with communism, and frankly I don't think you do either. And I do agree with you that taxing inheritance is unacceptable.
The fact that you call taxes theft is enough to disqualify your opinion.
The fact that you think 45% tax is fair is enough to disqualify your opinion.
The fact that you think getting 55% of something you did not earn is unfair is enough to disqualify your opinion.
Parents everywhere in (almost?) every country of the world are allowed to give tax-free gifts to their children without limit. That's generally not objected to in any way, but suddenly people think it's fair when the exact same money or houses get taxed at inheritance time.

Also - at the end of the day, someone is still getting something that they "didn't earn" - why allow it at all? Tax everything at 100% on death - why give people who didn't "earn it" something?

Obviously I'm being fascicious about this now, but if the argument that it's "unfair" for people who "didn't earn it" to get something, why allow this at all?

And also, personally - I think the argument is flipped on its head. It's not about people getting the inheritance - it's about people "giving" it - I paid taxes on my money throughout my entire life, why should the state take any more just because I'm leaving it to my children?

Limiting the snowball effect of the wealthy getting wealthier generation after generation through no contribution of their own is considered a societal good. Whether it is can be debated, but Europe seems to be in a happier position regarding that than the US, at the moment. Why is it always the rugged individualists, the pull-yourself-up-by-your-bootstraps proponents who are in favour of receiving unearned money? It feels less like a considered philosophical viewpoint than naked greed.

(and, on a side note, where do you get that you can give unlimited tax-free money to your children in almost every country of the world? I checked the US, France, UK, Spain, Morocco, South Africa and Brazil, and all have limits after which tax apply. China and the Philippines don't, but neither do they have inheritance tax.)