- Politics and Social Issues»
- Economy & Government
Someone Give Me A Cogent Reason For The Death Tax
I Need Someone To Give Me A Cogent Reason For The Death Tax
The conspicuous signs in Europe (England, France) show that the mentality of eating from the perpetual trough of entitlement is coming to an end. It is not that Americans are no longer generous, but like in Europe – whose cradle to grave largess was the norm – our cousins across the pond see the writings on the walls and so do we. California is an economic disaster and there are other states on the verge of fiscally collapsing and no tax increases will get them out of their fiscal mess. The last credit card, which will allow access to the Chinese cornucopia for the Democrats to supposedly cure our ills is to maintain the so called ‘death tax’ – this is where anyone with means who died… and bequeathing to their heirs $5 million or more must forfeit to the government close to half of said $5 million; for a couple who meet their maker, the threshold is $10 million. I have never heard of a cogent reason why this ‘death tax’ is morally right, yet, it is part of our cumbersome tax codes.
It must be noted that this money bequeathed to the heirs as part of the ‘death tax’ was already taxed when it was acquired, and therefore, the half paid on the death of the benefactor (s) means that it will be taxed again - and where is it wrong to pass on to your love ones the fruits of your labor? Close to a decade ago, one intrepid reporter showed the hypocrisy of the Massachusetts Kennedys - who are champions for high taxes to cure all our social woes – whose hundred of millions were kept offshore… so as to prevent our taxes from reaching their nest egg. I am supposing that the reason behind the ‘death tax’ has to do with some perverted idea of Social Justice of taking from the so called rich and give to the poor; there are even religious leaders who are positing that this ‘taking’ is sanctioned by the Bible.
I dare say that there is no evidence in the Bible where it was or is moral to take from the rich and give to the poor – and I further dare anyone who is positing this perversion to show me any scintilla of evidence where Jesus assented or moreover took from the rich and gave to the poor. Any such giving to the less fortunate was recommended by the Christ to be voluntary – not by fiat. Any benefactor who labored should have the right to pass on such fruits to his or her heirs; and said benefactors also have the option, if the heirs have reached the age of majority, of leaving their largess to the state. I sincerely hope that the riots, borne out of an addiction to entitlements, currently plaguing Europe, do not make it here….