Something is missing from the current debate over the hundred-year old estate tax. Instead of eliminating it or merely scaling it back to a point beyond recognition, we should instead be considering expanding the tax on money passed from one generation to the next.
Proponents of repealing the so-called death tax, which oftentimes taxes a person's earnings twice -- once when earned and then at death -- argue that it is unfair (not to mention morbid.)
Rather than pointing out the flaws… more
