NetNews Usenet Archive 1992 #27/NN_1992_27.iso/spool/alt/politics/clinton/17272

Internet Message Format | 1992-11-17 | 1.8 KB

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From: [e-mail] (Mark Wilson)
Newsgroups: alt.politics.clinton,alt.politics.democrats.d,alt.politics.elections,talk.politics.misc
Subject: Re: Inheritance taxes
Message-ID: <[e-mail]>
Date: 16 Nov 92 17:12:39 GMT
References: <FD==[e-mail]> <[e-mail]> <[e-mail]> <[e-mail]>
Organization: NCR Engineering and Manufacturing Atlanta -- Atlanta, GA
Lines: 24

In <[e-mail]> [e-mail] (Andrew J. Lazarus) writes:

>PS Inheritance taxes go back to at least feudal times--in fact, the
>right to inherit was not automatic.

In feudal times all property belonged to the King.  The king granted the
right to use some of his property to certain loyal nobles.  These nobles
in term sublet some of this property to lower nobles who were in turn loyal
to them.  Upon the death of the holder, all holdings reverted back to the
king.  The king then reissued the holding to whoever he chose.  Usually this
was the heir of the original holder, but that wasn't always the case.

BTW, we seem to be drifting back to this form of government.  That is
everything belongs to the government, which in turn, out of its mercy,
allows us to use some of it for a time.

Note the discussions in which any tax rate of less than 100% is refered to
as a subsidy.

--
Mob rule doesn't become any prettier, just because the mob start to call itself
a government.
It ain't charity if you are using someone else's money.
[e-mail]