Quote:
Originally Posted by slapass
At the level it is at now it does not double tax in most cases. Bill Gates has never paid tax on his stock gains as he did not sell. His whole wealth could be passed down tax free. Close the loops holes and make it 20% or something reasonable. No one one will whine if they only inherit 8million and not 10million.
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You picked example of stock gains, but there are plenty of wealthy who earned by taxable ways (shit, even as simple as hugely taxed high salaries). So taxing again just because they dared to spend that hard earned money on nice estate?