Burnside's death duties may not be popular, page-46

  1. 6,859 Posts.
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    Hi, 
    The death part was really just an aside, the main game was ending the tax free status of the family home.
    i have no great philosophical opposition to death duties, except for 2 things. I have seen some messy outcomes with intergenerational transfers of active businesses and death duties. And they do go against my tax it once and tax it properly  , so death duties as a tax on assets , that have already been fully taxed, maybe not fair. Death duties on assets that I (in my arrogance), consider haven't been fully taxed, no need for death duties, just collect the tax, ie: the super example.
    cheers
 
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