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Mitzi | 5 years ago

>The dollar I earn, I can do as a please with and has already been taxed.

Just chiming in for the 'has already been taxed' thing, as it is often brought up in opposition to taxing inheritance. No dollar is ever taxed 'finally', it's a continuous process that involves taxes in most steps. Say you earn a dollar, it gets taxed and 70 cents remain. You go to a store and want to use those 70 cents to buy something. You don't actually get 70 cents worth of product because of sales tax. (See also VAT.)

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