Tax Fairness

Repealing estate tax is very bad idea

Repealing the Estate Tax will definitely benefit Trump. Repealing the Estate Tax is a very bad idea. Repealing the estate tax could save Donald Trump’s family more than one billion dollars.1

People who inherit large sums of money are not special. They are just very lucky. They have won the cosmic birth lottery. They are just lucky to be born to a very wealthy family. When they inherit hundreds of millions of dollars, they have done nothing to deserve it.

When an American citizen wins the lottery (except in Puerto Rico), they must pay taxes.

If you win the lottery, you have to pay taxes. Why should lucky children of very wealthy people not have to pay taxes on their inheritances.

Notes:

  1. Forbes. Why repealing the estate tax could save Donald Trump’s family more than $1 billion.
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