Estate (Death) Tax

Posted By: Dr. Frugal in Taxes on 11/15/2007 at 06:36:17

Well, if Buffett says to keep the inheritance/state/death tax, then I guess we should listen--he has more to lose than just about anyone.

"I think we need to ... take a little more out of the hides of guys like me," Buffett told the panel.

I don't really know how I feel about it yet. On one hand, I don't think it's fair that the government is allowed to collect on money that you've already paid taxes on (although they already do like 400x over) but I also like to see people make their own money. I just don't know.

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