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Comment by ReaperCub

> Tax is a means to an end (paying for civil services). Whether or not something is taxed twice is not inherently wrong, it's just a choice on how we choose to pursue our needs in a way that is effective and equitable.

Well in the UK, the civil services are crap, the police don't do anything, the NHS waiting times are extensive (my mother is waiting for over 2 years for knee surgery), the roads are full of pot holes, and we have more admirals than warships.

So the money doesn't seem to be used effectively. I don't know what you mean by equitable.

> I mean, reductively, saying something can't be taxed twice doesn't make any sense because all taxes work like that. A company sells products, those sales (and/or value add) are taxed. That money is paid as income, then that income is taxed. That income is spent on goods or services, where the sale (and/or value add) is taxed. Ad infinitum.

It almost like the tax man takes at every opportunity. Describing that they tax you many times isn't a justification for more taxes.

> A reasonable tax on inheritance, growing with wealth, makes sense in a society that has no effective wealth caps. Otherwise the "haves" accumulate wealth, which accumulates wealth, which accumulates wealth.

I don't think it is moral or fair to tax beneficiaries of inheritance. It is essentially a gift from the deceased to the beneficiaries.

That the entire point of building up an inheritance for your family/beneficiaries, is that you hope to leave your children better place. I don't know what is fundamentally wrong with building up wealth generationally.

> By imposing a tax on wealth that is not earned, but entirely dependent on the circumstances of one's birth, you create a redistribution scheme that's... Quite fair?

No it isn't fair. The wealth was earned at some point in time, presumably legally. I don't understand why it matters that the person receiving it may have done nothing more than been a family member, family friend or even someone/some organisation that the deceased thought was deserving? When they were alive it was their choice who would receive upon death.

parent ReaperCub 1 year ago

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