My many times great-grandfather fought in the Revolutionary War - a war against taxation without representation. The Continental Congress awarded him a land grant in lieu of payment for his service. That land is still in the family, handed down through many generations. Tell me why my kids should have to pay tax on the value of that land when I die and they inherit. What "representation" does that tax earn them that is not already granted to those who do not inherit?
On Tue, Apr 19, 2011 at 10:03 PM, Judah McAuley <[email protected]> wrote: > > No one is telling you that you can't give your money to your kid. As a > source of income, they are telling your kid the rate it will be taxed, > just like any other source of income. The fact that the government > treats inheritance as a special form of income is a very, very polite > bow to the sensibilities of the rich, not an endorsement of the > philosophy of "I've got mine!". Or so I hope, in spite of Republican > efforts to the contrary. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336504 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
