tag:blogger.com,1999:blog-6285832399884645871.post973662495664097791..comments2008-11-11T03:14:18.580ZHerakliteshttp://www.blogger.com/profile/07234212189847785260noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6285832399884645871.post-66755888657791501622007-07-08T17:10:00.000+01:002007-07-08T17:10:00.000+01:00Someone might counter: if we need to raise a certain amount of government revenue, we should start by confiscating all property left at death before we apply any tax to income or expenditure, because (a) a deceased person has no rights, (b) unlike income which is "earned" through market transactions, capital receipts are not.<BR/><BR/>A possible response to (a) would be for people to bequeathe their property before death. Objections to (b) were mentioned in the preceding post.Herakliteshttp://www.blogger.com/profile/07234212189847785260noreply@blogger.comtag:blogger.com,1999:blog-6285832399884645871.post-57115090674983107922007-07-07T20:02:00.000+01:002007-07-07T20:02:00.000+01:00It's about property rights. I can give my money away, gamble it away, buy worthless things, but if I want to give it to my family when I die, the government takes a big slice. It's mine, I should be able to dispose of it however I wish.Steve_Robertshttp://www.blogger.com/profile/09741170426828516479noreply@blogger.com