re: I don't understand inheritance tax

quote:

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You have to inherit one hell of a lot of money before you pay a penny of inheritance tax. And that justifies it? Inheritance taxes are nothing more than redistribution and confiscatory policies with some class envy wrapped around them.

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Exactly. It literally provides less than 1% of the federal tax revenue. If you want to raise revenue, estate tax doesn't amount to a hill of beans. To make more estates pay higher taxes is purely class warfare, it does not raise revenue hardly enough to make a difference.