The death tax issue is a motivator for me.
Irregardless of whether a person may or may not be affected by this, it’s the unreasonable nature of it that sets me off.
As this guy astutely mentioned, they take 50% of your income up front, then want 50% of what’s left when you die.
The absurdity of this is even more so, when you consider how hard you work, the risks you take, and the losses you endure, on the way to building your wealth. Where was the government? Did it help you? Did it guarantee your success? Did it share your losses? Ah NO!
The government has no right whatsoever to what we accumulate in our lifetimes, especially in light of it doing everything it can to prevent it.
Government theft. That is why you should begin transferring wealth to your loved ones and dependents while you are alive. (Notice I said loved ones; because the unloved ones will haggle over your estate.) Offer to pay for dinners, for groceries, furniture, vacations and trips. Help pay for their cars and maintenance. Buy them nice presents for birthdays and Christmas. In other words, give some of your wealth while you are alive, it is legal and tax free (well, up to about $26G for a couple giving to each person per year). Have them build a nest egg of their own from your gifts.
I would much rather give to family than have the government steal it all. I have a trust, but know the government wants to take half of it when me and my wife die. Keep some of your wealth off the books in goods, and inform your adult children of how to find the goods.
Not to mention that almost everything the government touches turns to excrement. They take half your money, and they use it to make things worse. Such a deal!