Inheritance Tax: The Fiscal Cancer
Taxes on substance such as the wealth tax are destructive and raging cancers at the heart of our society, in the private formation of capital.
Yet no other tax like the inheritance tax has managed to damage the valuable generational bond so lastingly. The inheritance of earned wealth is the guarantor of the low time preference of economic subjects, it is the guarantor of the formation of economic capital, the focus on real values and future projects which in the long benefits society by helping to deal with real world scarcity.
A government that relies on this tax, that actively promotes this obvious theft of already taxed private property, is worthy of being sent packing. It is always, no matter how it dresses, in the core communist and therefore an anti-civilizationary attack on free society principles.
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