(Planet Me)
Friday, August 17, 2007

The CD is 25 years old also..
Inheritance Tax proposed to be abolished.. what do you think about Inheritance Tax?

There should be some form of inheritance tax. After all, the uber-rich who don't need to work don't pay income tax at all... In some walks of life, inheritance is your life's salary in one go; why shouldn't they pay a slice like everyone else?

Should it hit your average joe who has spent their whole life slaving away in order to buy a house and raise a family..? Probably not. Everything they have has been taxed at least once, often more.

Raise the bar. The people with *that* much money can no doubt find cunning ways to work around a lot of it, but...
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