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Originally posted by jhn7537
reply to post by sageofmonticello
I'm still trying to determine how this is even legal... I'm shocked that estate taxes isn't battled more... My parents struggle to make ends meet so I'm not going to receive anything when the day comes and they pass... So I don't have a dog in this fight, its not like im trying to protect an inheritance im set to get. I just have strong beliefs that being taxed twice on money earned like this is plain wrong.
Inheritances can be one of the primary means for a family to improve their economic condition. By confiscating inheritances, the estate tax is an obstacle to improved living standards and the promise of the American dream.