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To: A CA Guy
Reply to your #20:

Problem with that view is that the Death Tax does not raise any net funds to pay any of this stuff with--you may think the function of government is to transfer funds from one citizen to pay another citizen's bills--that's great, particularly if you are a transferee. You are entitled to your view.

But to argue that you are doing it with proceeds of the Death Tax is uninformed. Because after a real accounting for costs of collection, the Death Tax does not really raise any net proceeds to pay anything with.

33 posted on 06/10/2005 6:42:24 PM PDT by David (...)
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To: David

Let me assure you David, with over half the population with assets getting old and dying, you are about to see as much as 25% of all personal wealth go to the government in estate taxes.
The estate tax will be probably bigger than the Federal income tax to the treasury because of all of the older people passing on over the next 20 years.

It would be a crime to suspend this tax until at least the next 25 years goes by. The people who created this country's deficit should be obligated to put what they could into paying down their debt and not pass it on to the innocent unborn.


34 posted on 06/10/2005 6:50:14 PM PDT by A CA Guy (God Bless America, God bless and keep safe our fighting men and women.)
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