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Friday, May 20, 2011
The One Percent
I just watched this documentary last night. Apparently it's been out for a while, but the part discussing the Estate Tax really stuck on me.
On one side, I don't think anyone should have to pay a death tax, but in 2013, the Estate Tax will only apply to 3 or 4000 estates... the EXTREMELY wealthy.
So here I am, thinking I might have to pay a death tax someday, when really it's only applicable to the richest of the rich.
I may still be a libertarian at heart, but I feel like I've been duped in the past that repealing the death tax is a number one priority.
Of course, in order to live in a free nation, all taxes must be abolished. If the rich get their taxes repealed, then I want MY taxes repealed. Fair is fair, and free is free.
On one side, I don't think anyone should have to pay a death tax, but in 2013, the Estate Tax will only apply to 3 or 4000 estates... the EXTREMELY wealthy.
So here I am, thinking I might have to pay a death tax someday, when really it's only applicable to the richest of the rich.
I may still be a libertarian at heart, but I feel like I've been duped in the past that repealing the death tax is a number one priority.
Of course, in order to live in a free nation, all taxes must be abolished. If the rich get their taxes repealed, then I want MY taxes repealed. Fair is fair, and free is free.
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