Do you really think a 70% top marginal income tax rate, Medicare for all and a higher minimum wage actually threatens our constitutional republic?

If Starbucks is THAT worried they should maybe try two things:

The number of people commenting on this article who don’t know how marginal tax rates work both boggles my mind and doesn’t surprise me whatsoever.

The idea that raising taxes is a movement against capitalism is a mental long jump worthy of a gold medal.

“In this bedroom, President Donald J. Trump was likely conceived, by his parents, Fred and Mary Trump.”

The larger problem, however, is having an agency in the first place whose mission can be significantly warped so that it justifies upending the lives of people who are doing nothing wrong except living here.

Regardless, philosophically the government should not take more than 50% of any dollar I make, whether it is my first dollar or my last dollar.

No its not.

My point is that both a 0% estate tax and a 100% estate tax is absurd.

That’s my point though...what’s it matter if the top marginal rate is 70% if no one actually makes enough to hit that rate?  I agree though...the code needs to change so that either wealth itself is taxed or capital gains are treated the same as earned income.

Businesses aren’t alive yet they conduct transactions every day. When you die you aren’t actually conducting the transaction...your estate is. Estates can’t be dead.

I find it offensive that the government could expect more of my compensation than I get.

No there really isn’t a difference. Its nothing more than a transaction from one entity to another. Plus, if you lose your property rights at the moment of death then what happens to the business you own? The government can’t run it. They’d have to sell it. What happens to those employees once the business is bought…

Kinda hard to pass on $23 let alone $23 million when HamNo’s suggestion is that you’d get either a $23 or $23 million tax bill for it.

It’s not pointless semantics. What’s the difference between me signing over my estate from my hospital bed and a lawyer distributing it according to my will the next day after I’m dead?

Dead people don’t dictate what they do with their wealth. Living people dictate what they do with their wealth after they die before they actually die. If I can choose to gift someone money when I’m alive I should be able to do it after I pass. To tax that at 100% takes that choice away from me. That being said,…

Both arguments are absurd.