Barney Frank claims "Heirs Didn’t Do Anything to Deserve Inheritance." Even if true (though that question should be left up to the person who is giving the money), taking away the money will still impact the incentive to earn the money to begin with. An inheritance tax works the same way as an income tax in discouraging work.
Related Posts
Americans are already facing higher capital gains tax rates?: The question is actually how much higher are they goingStart with the fact that Obamacare will be imposing a 3.8 percentage point increase in capital gains taxes next year. 
Libertarian cities?While this is interesting, the problem that I have is: what guarantee do these places have that a future Honduran gover- Art Laffer endorses Newt GingrichIf you liked George W. Bush on taxes, vote for Romney, who has basically recycled Bush's team of economic advisors. I
- More on Warren Buffett's delinquent taxesFrom Bloomberg:NetJets Inc., the private-plane company owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), was c
- Any bets that the French will get a lot less than the amount of money they think that they are going to raise from taxes?Tax competition means that some people will be leaving France.David Cameron infuriated the French last month by promisi
- "Mechanics of President Obama's Proposal to Raise Taxes on the 'Rich'"TaxProf has a nice collection of links on Obama's tax the rich proposals available here. Possibly one of the more inter
So is there any harm from an inheritance tax?
4/
5
Oleh
abudzar
