Quote:
Originally Posted by VP$IP
Please explain how inheritance taxes are justified. Wasn't it already taxed once as income?
If I work shovelling **** for low pay I pay tax.
If I get paid for being the son of I should pay no tax?
All your income has been taxed before. My employers customers have paid tax, the firm pays tax, I pay tax.
An inheritance is really just income for being who you are, related to someone who is paying you for being related. To be honest I'd rather the **** shoveller got the tax break at least he is doing something useful.