Is taxing inherited money double taxation or taxing new gains? (death, Canada)

[pghquest]

http://www.youtube.com/watch?v=JO9Pq...layer_embedded#!

Interesting argument from Democrats.. YOUR DEAD.. Its not YOUR money..

[shorebaby]

of course it is double taxation.

[Mouser]

This is a perfect example on how the government not
only doubles tax's but how they insult every Americans intelligence

Calling Weiner stupid would be an insult to stupid people.

[alphaluce]

Is taxing inherited money double taxation or taxing new gains?



it's called theft...

[andrea3821]

Absolutely double taxation. If the money was made from investment, capital gains would have already been taxed. I know what you're getting at, just pointing out something that some posters will no doubt try to use against you.

How are gifts taxed? I don't recall. I don't think they should be taxed, after-tax money is after-tax money and if it was earned honestly, it was already taxed.


Weiner is a weirdo and needs anger management.

[TempesT68]

That's called Weiner schooling the fox news bimbo

[txgolfer130]

New gains plain and simple. Those who are being left the "assets" are not the direct recipients of the income stream derived from that investment or string of assets. They are inheriting a cash flow/stream that is outside of their direct sphere of ownership. Hence, not double taxation, but a new gain.

[sanspeur]

It is double dipping, and is unfair. That is why inheritance tax doesn't exist in Canada. In Canada, the inheritance tax was repealed in the year 1972.

Weiner really is a dumb wiener.

[Smash255]

New gains. Not to mention the fact the exemption amounts are higher than what more than 99% of Americans will inherit.

[Backspace]

Inheritance taxes or "death taxes" are all based on envy which is the base foundation of the liberal mindset. Liberals envy the wealthy, it doesn't matter if the wealthy person inherited their wealth from their parents or if they worked their fingers to the bone to leave their children something they didn't have.

Liberals are all about getting something without working for it and what better way to succeed at that goal than to double tax those evil rich people and their kids?