RANT: The inheritance tax is nothing more than grave robbing

I went to the lawyer, signed an estate tax return, and now will pay the State a goodly chunk of change. Why would anyone die in NJ and leave money to other than a relative? Answer, when one has no relatives. I guess the thugs in Trenton figure it’s a safe theft. There’s no victim to complain. Beneficiaries are getting a windfall that they don’t have to pay taxes on. Little do they know that the taxes were paid long before the get a dime. While the feds have eliminated estate taxes, the sates have not. So this grave robbing is “legal”. It may be immoral, ineffective, and efficient. But they get away with it. The lawyer was telling me about a well-off lady who’s husband died and to keep the family farm in Princeton, she had to pay estate taxes that amount to everything else she had. I envision that if there is an Eternal reward, then the politicians who allowed this to happen deserve a special seat close to the fire. Grave robbers!

This entry was posted on Thursday, January 11th, 2007 at 06:20 and is filed under Ranting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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