Dec 2, 2009

A destructive tax.

The federal Estate tax is a seizure by the government of private assets.  One of the worst aspects of our tax system is the charitable deduction for the Estate tax.  Given a choice between giving money to the government and giving it to charity, wealthy individuals often make huge gifts to charity or create foundations.  These foundations then employ the decedent's descendents for generations at jobs which do not contribute to the U.S. economy. 



Kill the Death Tax [Dick Patten]

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