Bell Must Toll for Unfair Death Tax

Summary


"The Congress needs to make sure that the death tax is gone forever ... ." So declared President Bush recently, effectively launching one of the most important debates that will come before the nation this year.

Indeed, upcoming deliberations in the Senate over permanently repealing the death tax will explore one of the fundamental questions of our time: Do Americans work for the U.S. government, or does the U.S. government work for us? Do we own the fruits of our labor, or are they just on loan from Uncle Sam while we are alive?

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Extract


Bell Must Toll for Unfair Death Tax

UNDER OUR current tax system, the latter would seem to be the case. We work and pay taxes all our lives on everything we earn - lots of taxes - and when we die, the IRS can swoop in and take about...

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