A few nights ago, I was chatting with my friends when an interesting topic came up. It was about money, taxation – how they charge an “Estate Tax” on the fortunes that wealthy people pass down to their children or whoever is inheriting from them.
It is a very huge tax, especially if you’re inheriting quite a sum. I was quick to say that it was wrong for the government to be taking a huge chunk of people’s inheritance but, to my greatest surprise, my friends thought it was the right thing to do –they applauded it.
One reason I cherish my friends is that they are always open to reason. When we have divergent opinions, we discuss and debate them, raise points and counterpoints; very respectfully and intelligently too!
So debate we did, and I want to present the points they raised to support taking away almost half of people’s inherited wealth from them, and the points I raised to counter them.
My aim is to get feedback from you on what you think –am I right to think this way or are they?
So, here goes… Continue reading →
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