Argument: The Estate Tax is double taxation
(diff) ←Older revision | Current revision | Newer revision→ (diff)
- Debate: Estate tax in the United States - pro argument
Heritage Foundation 3/5/03 - "Given that assets are typically purchased with after-tax income, the death tax clearly qualifies as double taxation. Indeed, because many financial assets in a taxpayer's estate may already have been subjected to other layers of taxes, the death tax often is a form of triple, or even quadruple, taxation."