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Taxation & Estate Planning
: Res Publicae - The New York Estates BlogEstate Tax Red Herring #1
By Christopher L. Miller
This will be an easy one. The argument is rather simple and attempts to pull at your heart strings. “It is immoral to tax people when they die.”
Why is it any more immoral to tax people on assets they own when they die than it is to tax people on their weekly pay checks? Are not taxes the price we pay to live (or die) in a civilized society? Particularly now in our almost bankrupt civilized society? Does this argument also mean that there should be no income tax return filing for the year of death?
Can one tax really be (more…)
Full post as published by Res Publicae - The New York Estates Blog on December 18, 2009 (boomark / email).
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