DCWoody
Posts: 1401
Joined: 10/27/2006 Status: offline
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@polite, well...there are things such as the national minimum wage which some might list among their better achievements @soh, there are often positive side effects to seemingly unfair tax systems, one of inheritance tax being lowish/having a threshold, is to encourage people to save their money. The less point there is saving it for their kids, the more likely people are to blow it all before they die. Which is all well and good, but some people blow it all before they die in their 60s&70s then unexpectedly live in poverty to 105... And that's a tricky problem to get around. As for how high the threshold should be.....perhaps pegging it to 20x the national medium earnings would be a good idea (roughly 22k,=ITT~440k). Some system like that which adjusted itself with society anyways.
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