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View Diary: GOP seeks to privatize American infrastructure with taxpayer backed guaranteed corporate profits (68 comments)

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  •  Death Tax is Necessary (0+ / 0-)

    The logic behind taking a big chunk of a wealthy person's assets after s/he dies is to remove incentives for greed and avarice that drive the Republican behavior.  I believe in the 50% tax on assets of the wealthy.  Also, we should subject foundations to similar kinds of taxation.  Maybe not at 50% but to have it grow to that over time.  The common interest should be funded by these taxes.

    I am not talking about people who are wealthy with 10 Million USD of assets, I am talking about those with over 100 Million USD of assests when I talk of wealthy that should be subjected to the Death Tax.  Probably needs to be indexed to inflation.

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