Topic: | Re:justification of Inheritance TAX | |
Posted by: | Tony Heath | |
Date/Time: | 15/03/19 17:33:00 |
Re. Inheritance Tax. Putting aside the arguments for its existence that are based on envy, (1) Inheritance Tax acts as a discouragement to any working individual to seek to be financially self-reliant in advancing years. It sends out the message 'Don't save for old age, the state will confiscate it when you die'. (2) It targets the old and infirm, like a vulture circling a dying animal. It is a repellent form of taxation. |