Benga Wrote:
Nov 11, 2012 5:19 AM
it is unfair that the money is taxed twice, or that it should be stripped from those heirs. But the heirs did nothing to earn that money besides be born to rich parents, and since that tax money helps pay for services for everyone, its abolition likely will lead to cuts in programs like CHIP, which will severely hurt children who did nothing but be born to poor parents. I think that is unfair also. And in choosing between these two imperfect solutions, I err on the side that is likely to help the most people. About 52,000 people in 2013 will pay an Estate Tax, and about 7.3 million will benefit from CHIP. I really don't think that this is an advocacy of scary, country-dissolving "Big Sister."