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Estate Tax Should Be Sole Method of Taxation

Thursday, December 16th, 2010
Posted in Education by Joel Gross

The government should be 100% financed by estate taxes (of course the government would necessarily be much much smaller).  Estates should be taxed at a 75% tax rate.  Gifts to family members, childrens or non-charity institutions would have careful rules put in place to prevent tricks of trying to hide wealth transfers.