tag:blogger.com,1999:blog-24487626.post8238424243714958060..comments2009-11-02T00:16:58.974-08:00TJNhttp://www.blogger.com/profile/16660915220314656665noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-24487626.post-76292120266640419502009-11-01T13:21:54.014-08:002009-11-01T13:21:54.014-08:00Can anyone explain to me why there should be a tax levied upon the accrual when someone died? What for? Greed, envy or just to &quot;buy&quot; votes with other´s money.<br /><br />Fortunately some modern states have abolished such tax.<br /><br />And if some feel their bank accounts as a burden it is up to them to give it to those whom they consider to be in demand. Let´s hope that they are mature enough not to need a nurse called state to help them in their willingness to support others.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24487626.post-12285792098947951352009-10-27T05:46:19.339-07:002009-10-27T05:46:19.339-07:00<i>&quot;Not all wealthy people are against estate taxes: Warren Buffett is one of them, saying this in 2007:<br /><br />“Tax law changes have benefited this group, including me, in a huge way. During that time the average American went exactly nowhere on the economic scale: he’s been on a treadmill while the superrich have been on a spaceship.”&quot;</i><br /><br />What buffett does with his own money is for him to decide.<br /><br />He does not need the Government to tax his estate to get their hands on it. The Government also permits Americans to give directly to the Treasury. Interestingly enough, some people do. <br /><br />If Buffett is so in favor of the Government taxing his estate, then he is more than welcome to leave his estate to the Government himself. That would be putting money where his mouth is.<br /><br />Also, keep in mind that taxes have already been paid on his assets either through wages or capital gains...Fred Fryhttp://www.blogger.com/profile/13532681496977057474noreply@blogger.com