Heritage Explains 018: President Trump is Right on The Death Tax
Posted
October 17, 2017
Views
1,340
Likes
34
Comments
6
Engagement
2.99%
October 17, 2017
1,340
34
6
2.99%
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1:07Now PlayingLiberals don't like President Trump’s proposal to eliminate the death tax but the confiscation of wealth at death is counterproductive. The American concept of the “family business” is put at risk by the death tax. Why would anyone who is 70 or 80 years old continue to save, reinvest to grow a family business or keep working If they can’t turn their assets over to their kids or grandkids? The death tax incentivizes business owners to sell their company and live lavishly during retirement. Dying broke beats the tax man but is terrible for future generations and the economy.
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