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    Inheritance Tax - A Guide

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    _Danda_
    The document discusses arguments for and against inheritance tax. Against the tax, it is argued that it incentivizes spending more while alive to reduce taxes owed after death. It also violates the rights of the deceased over their property and is unfair to those who have contributed to society. In favor of the tax, it is argued that it leads to more spending by the deceased before death and prevents children of wealthy people from unfairly benefiting without contributing.

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    Inheritance Tax - A Guide

    Uploaded by

    _Danda_
    33 views1 page
    The document discusses arguments for and against inheritance tax. Against the tax, it is argued that it incentivizes spending more while alive to reduce taxes owed after death. It also violates the rights of the deceased over their property and is unfair to those who have contributed to society. In favor of the tax, it is argued that it leads to more spending by the deceased before death and prevents children of wealthy people from unfairly benefiting without contributing.

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    About inheritance tax for dummies

    Original Title

    Inheritance Tax - a guide

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    The document discusses arguments for and against inheritance tax. Against the tax, it is argued that it incentivizes spending more while alive to reduce taxes owed after death. It also violates the rights of the deceased over their property and is unfair to those who have contributed to society. In favor of the tax, it is argued that it leads to more spending by the deceased before death and prevents children of wealthy people from unfairly benefiting without contributing.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    33 views1 page

    Inheritance Tax - A Guide

    Uploaded by

    _Danda_
    The document discusses arguments for and against inheritance tax. Against the tax, it is argued that it incentivizes spending more while alive to reduce taxes owed after death. It also violates the rights of the deceased over their property and is unfair to those who have contributed to society. In favor of the tax, it is argued that it leads to more spending by the deceased before death and prevents children of wealthy people from unfairly benefiting without contributing.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Inheritance Tax

    Negative:
    People will act in a way where spending increases as they earn
    more reducing the tax they must pay on inheritance
    Acts as a huge incentive AGAINST accumulation of money
    What will happen as a result of this?
    o Wealth wont be spent, it wont be created in the first
    place
    Violating rights of the living by taking away their property
    after they die
    It is UNFAIR to those who have contributed to society
    Right to do what you want with money you have earned
    Parents feel good about giving their kids do$h
    Be conscious about how affirmative are framing the debate
    o Likely inheritances will STILL HAPPEN, just earlier in the
    line (e.g. parents give children money in trust funds etc.)

    Affirmative:
    People will spend more money before they die
    Children of rich bastards wont

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