Archive for Taxation

New Death Tax Foe

The redistribution of wealth is a key compenent of the socialist/communist platform.  This idea or its justification is the result of a distorted definition of equality, namely that the fruits of my labors are just as equally my neighbors as they are mine, whether or not my neighbor has participated in helping me attain those fruits or provided any of his fruits to me.  When you boil redistribution of wealth down it is the legalization of coveting and as such represents weakness in character and offends every sense of fairness one can posses.

 One of the banner methods of redistribution of wealth is the death tax, which FDR implemented back in the 30’s.  Up to this point, it has been a class warfare tool the left has used to punish those who save and refuse to rely on social security and the government to take care of me during retirement.  But more and more now, people on both sides of the isle are beginning to have second thoughts about this form of taxation.  The most recent advocate for the abolition of the death tax: Whoopi Goldberg.

From the WSJ:

“I’d like somebody to get rid of the death tax.  That’s what I want.  I don’t want to get taxed just because I died…I just don’t think it’s right.  If I give something to my kid, I already paid the tax.  Why should I have to pay it again because I died?”

Whoopi’s co-host tried to play the class warfare card repsonding, “Only people with a lot of money say that.”  To which Whoopi responded:

No, I don’t think so…It doesn’t matter if you have or don’t have money.  Once you paid your taxes, it should be a done deal.  You shouldn’t have to pay twice.”

Amen Whoopi. Amen.

 

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