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View submission: On Rights of Inheritance - why high inheritance taxes are justified
My concern is it would hit the upper middle class while the seriously rich again avoid paying it, as happens with so many other taxes.
Between income tax, payroll taxes (which are essentially more income taxes), consumption taxes and excises, most salaried people accumulating that level of wealth in a lifetime are already paying more than half their income in tax, at least in my country.
There's nothing here!