Winger Myths Never Die

>> Tuesday, January 05, 2010

Narratives about the estate tax really do represent one of the great con jobs of all time. The "double taxation" argument would irredeemably stupid even if it was true; if it's impermissible for money to be taxed twice this would seem to rule out state sales taxes, and more to the point even if some estate income was subject to the income tax heirs certainly haven't paid taxes on it. And then, of course, you have the "if Paris Hilton has to pay taxes on her unearned inheritance every family farm in America will totally go out of business!" routine...


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