[mcsluggo]

Originally Posted by jefelump

No, I am not in favor of the inheritance tax. I believe as Flaco said, that the money has already been taxed. It's an "inheritance", not an "income" earned by employment or investment. Just because a man dies, doesn't mean he should be taxed again for the amount of money in his estate. Now, if his house is sold as part of the estate liquidation, then I don't have a problem with a tax on the increase (if there is one), because that has not been taxed yet.

And yes, I know the inheriter of the money has an increase, so it's a fine symantical line. But I don't think the dead man should be punished for building wealth to pass to the next generation.

it is not a fine line of symantics! you are NOT taxing the dead man, because that is impossible. You are taxing the person that is receiving the inheritance. Period.