Parents everywhere in (almost?) every country of the world are allowed to give tax-free gifts to their children without limit. That's generally not objected to in any way, but suddenly people think it's fair when the exact same money or houses get taxed at inheritance time.
Also - at the end of the day, someone is still getting something that they "didn't earn" - why allow it at all? Tax everything at 100% on death - why give people who didn't "earn it" something?
Obviously I'm being fascicious about this now, but if the argument that it's "unfair" for people who "didn't earn it" to get something, why allow this at all?
And also, personally - I think the argument is flipped on its head. It's not about people getting the inheritance - it's about people "giving" it - I paid taxes on my money throughout my entire life, why should the state take any more just because I'm leaving it to my children?
InsideOutSanta|11 months ago
gambiting|11 months ago
Also - at the end of the day, someone is still getting something that they "didn't earn" - why allow it at all? Tax everything at 100% on death - why give people who didn't "earn it" something?
Obviously I'm being fascicious about this now, but if the argument that it's "unfair" for people who "didn't earn it" to get something, why allow this at all?
And also, personally - I think the argument is flipped on its head. It's not about people getting the inheritance - it's about people "giving" it - I paid taxes on my money throughout my entire life, why should the state take any more just because I'm leaving it to my children?