I’m entirely in favor of getting rid of as much government as possible. I’ve been down at the town hall where I live night after night haranguing the town council for spending too much, and they cringe every time they see me. I’m a Republican, and not in-name-only.
But unfortunately there will always still be taxes. If nothing else, we need to support our armed service personnel who are risking their lives for us, and it takes money. So which taxes do we get rid of first? I’d be in favor of getting rid of the income tax before getting rid of the inheritance tax. Then I’d get rid of property taxes, and then sales taxes, and finally inheritance taxes. If you got rid of the income, property, and sales taxes, then my children might actually have an inheritance to pay tax on! But I’m just dreaming.
It seems that a lot of people here feel strongly that there is something uniquely evil about inheritance taxes, but I haven’t yet heard a logical argument why that is so. There are lots of other forms of double-taxation that very few people get indignant about. Personally, I’d just exempt the first $10 million or more of inheritance so few family businesses are hit; and also keep the rates reasonable so billionaires don’t feel the need to emigrate.