Inheritance tax is unethical

90% Normal
13 Comments

I understand the argument behind having an inheritance tax. But if you really break it down it is not right. Because if you work your whole life to save that money for your kids it should be your liberty to give it to them for the following reasons.

#1: The money is already taxed. You already paid income tax on that money

#2: If that income is ever spent by your kids it is taxed by sales tax anyway

#3: Its not fair and the government is supposed to work for the people

#4: The argument for it is purely based on envy

Voting Results
90% Normal
Based on 10 votes (9 yes)
Help us keep this site organized and clean. Thanks!
[ Report Post ]
Comments ( 13 )
  • Gambler
    1 year ago

    “There is no federal inheritance tax, but there is a federal estate tax. In 2022, federal estate tax generally applies to assets over $12.06 million, and the estate tax rate ranges from 18% to 40%.”

    Fair enough.

    Comment Hidden ( show )
    0
    0
  • Unknown_player
    1 year ago

    I wasn't even aware this was a thing. Buut to be fair, I haven't had any relatives die yet. Regardless I think its outright evil for taxes to be done on that. Especially when it will already be an emotional time for the family. I think that whoever decided that this was a thing is unethical and needs to get their morals sorted

    Comment Hidden ( show )
    0
    0
  • candylady
    1 year ago

    I think we can all agree that inheritance taxes are evil, for sure. But the question then becomes, where SHOULD the money go?

    Obviously it shouldn’t go to the kids, since they didn’t do jack squat to earn the money, so giving it to them would be no different than giving taxpayer money to people who don’t work, which we all know how wrong that is.

    Maybe it should just be taken out of circulation completely, that would certainly help with all this godawful inflation. Or at least spend it all on the military in order to respect the flag.

    Comment Hidden ( show )
    0
    0
      -
    • Anonymous Post Author
      1 year ago

      Why should other people decide what to do with the money you worked for? The money should go to your family. Its the only reasonable thing to do with the money

      Comment Hidden ( show )
      1
      1
  • JellyBeanBandit
    1 year ago

    I've never really thought about it but you've definitely convinced me anyway. Plus not to mention it's just very disrespectful for the government to make money off the death of your loved ones.

    Comment Hidden ( show )
    0
    0
  • Whatintarnation
    1 year ago

    I'm not sure about number 4 but other than that I completely agree with you.

    Comment Hidden ( show )
    0
    0
      -
    • Anonymous Post Author
      1 year ago

      The argument I hear is basically "some people never have to work and thats wrong." And "people shouldnt be rich for generations"

      Its not a practical argument because they dont seem to have an idea what the government is even gonna do with the money.

      Comment Hidden ( show )
      0
      0
        -
      • Whatintarnation
        1 year ago

        I guess I would agree with that. Government waste is tremendous. Don't they say the rich are usually broke within three generations? I'm for smaller government when it comes to most issues.

        Comment Hidden ( show )
        0
        0
          -
        • Anonymous Post Author
          1 year ago

          Yeah the vast majority unless they're super rich. The first American family that comes to mind that is still filthy rich is the Vanderbilts. The first Vanderbilt built a lot of train stations and hospitals in the 1800s and his family is still rich. They own the biggest mansion in the US still. The waltons will be rich for hundreds of years too. But most yeah.

          Comment Hidden ( show )
          0
          0
  • profanity
    1 year ago

    Agree.

    Comment Hidden ( show )
    0
    0
  • Trichfuzz
    1 year ago

    I agree with you 100%.

    It’s worth mentioning that it goes against the will of the one dying unless they wish the government to take more money away.

    Comment Hidden ( show )
    0
    0
  • MonteMetcalfe
    1 year ago

    I'm in complete agreement with you. Especially for reasons 1 & 2.

    Comment Hidden ( show )
    0
    0
      -
    • Anonymous Post Author
      1 year ago

      These days they wanna tax your money 4 or 5 times. Before its over with in some countries already 75%+ of your money is sent to the government. Its a scam.

      Comment Hidden ( show )
      0
      0