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Thread: Obama's position on the estate tax

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  1. #12
    Nobody expects the Senior Member Lemur's Avatar
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    Default Re: Obama's position on the estate tax

    Quote Originally Posted by Major Robert Dump View Post
    [The estate tax] is double taxation.
    Depending on how you look at it, you could make this argument for every tax ever levied. The corporation paid its taxes before paying me my salary, so clearly my income tax is double taxation. Moreover, when I buy a stick of gum and pay sales tax, I already paid my state and federal income tax on my salary, so the money in my pocket has already been taxed twice. Clearly the sales tax on the gum is triple taxation. And so on and so forth.
    Last edited by Lemur; 06-26-2012 at 17:08.

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