-2 upvotes, 1 direct replies (showing 1)
View submission: On Rights of Inheritance - why high inheritance taxes are justified
The money used to pay property taxes or sales taxes (or any other taxes) wasn't already taxed?
Comment by lawfulneutral_ at 22/01/2020 at 18:39 UTC
4 upvotes, 1 direct replies
I was responding specifically to your question of why an inheritance isn’t taxed *as an income*, and that’s because it’s already been taxed as one; but I’d also say none of the other taxes a wealth producer is subject to are levied against a specific amount of his money simply for having been earned; they’re procedural duties that he uses his earned income, whatever the amount, to pay. They’re independent of how much wealth has been earned and, to a certain degree, optional (except for sales taxes).