Actually there is a serious paper to this effect by my friend Joel Slemrod of U/Mich. It got him the "Ig Nobel" prize, which he accepted with great delight. In his acceptance speech he said he had proven that "some people will do anything for money."
mbs here's a topic for a University of Chicago Ph.D. dissertation: "How the 'Death Tax' Increases the Incentive to Die." (Of course, as many have pointed out, the fact that the "Death Tax" is reinstated in full 9 years or so from now, after being cut for several years, increases the incentive for presumptive heirs to kill granny before the tax goes up. Or she may want to off herself.) Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine > -----Original Message----- > From: Ian Murray [mailto:[EMAIL PROTECTED]] > Sent: Thursday, June 13, 2002 3:51 PM > To: [EMAIL PROTECTED] > Subject: [PEN-L:26876] Re: RE: Re: Inheritance tax is Marxist > > > > ----- Original Message ----- > From: "Max Sawicky" <[EMAIL PROTECTED]> > To: <[EMAIL PROTECTED]> > Sent: Thursday, June 13, 2002 3:37 PM > Subject: [PEN-L:26874] RE: Re: Inheritance tax is Marxist > > > > The former taxes the dead donor. > > The latter taxes the recipient. The difference > > could be huge, depending on the details. > > > > mbs > > > ============== > > Well that is why we should be calling it an inheritance or > chance tax on undeserved income to the > recipient -- lottery winners are taxed no? How can one tax > the dead? Yes the $ difference is very > huge and intergenerational is going to continue to grow for > the next 50 or so years according to the > projections I've seen > > Ian >
