2 upvotes, 2 direct replies (showing 2)
View submission: On Rights of Inheritance - why high inheritance taxes are justified
The other user already pointed out that your logic could apply to all the person’s wealth when they’re alive; but it’s also important to note that most of the reasons you give for the community having any claim to a portion of the individual’s wealth, by virtue of having provided the market and infrastructure for him to earn that wealth, are satisfied by both the multiple income taxes that were already collected on it after it was earned and the myriad of other taxes he paid in the process of earning it (property, business, employment, sales, duties, etc).
Comment by EhmanFont at 22/01/2020 at 22:20 UTC
1 upvotes, 0 direct replies
It also assumes that they, the owner, has not contributed to the community by being successful they may have brought growth and wealth to the community, given to charities, they may provided a necessary service. And to assume the child has not contributed, is not, or will not is not right either. People aren't clear blank slates.
Comment by [deleted] at 22/01/2020 at 23:08 UTC
-1 upvotes, 1 direct replies
[deleted]