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100% Inheritance Tax To Replace All Other Taxes

Submitted on Friday 22nd February 2013

Published on Monday 25th February 2013

Current status: Closed

Closed: Tuesday 25th February 2014

Signatures: 2

Tagged with

Children ~ Economy ~ Individuals ~ Money ~ Tax

Petition Action

100% Inheritance Tax To Replace All Other Taxes

Additional Information

Tax me when I'm dead rather than when I'm alive!

Income taxes, VAT, stamp duty, customs duty are all taxes that suppress the economy as they punish work, profit, spending etc.

On the other hand, those that build up great wealth are well qualified to administer their wealth, to all our benefit. But no such argument can be made for their inheritors. Their children may be effective individuals, rather than slovenly wasters, but there is no reason economically that they would be more effective than anyone else in managing their inheritance.

Isn't this, after all, why we are in the currently crisis; that those with wealth have managed their money poorly.


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