In the Prince scenario, as far as I know, government has taken possession of some portion of his catalog. The absurdity of it is hilarious.
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On wealth that's already been taxed at least once before.
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@SenSanders I never thought of it that way thanks MichaelThanks. Twitter will use this to make your timeline better. UndoUndo
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#TaxationIsTheft but if you are going to steal from me, I'd prefer it to be done after i die. -
Also, it should clearly be an inheritance tax. Estate tax=stupid. Also assets passed should not be taxed until sold. A.Smith lays this out
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Bernie is an idiot. His stupidity never ceases to amaze me.
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Ok
@BernieSanders who gets your three houses when you croak?Thanks. Twitter will use this to make your timeline better. UndoUndo
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A "death tax" assumes the money was the government's the whole time and thus, has a right to reclaim it. Oh wait, actually that's every tax.
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The "act of dying" is not what is taxed. The transfer of wealth is what is taxed.
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