For your liberty!
James Eyer
Candidate for U.S. Congress District 9

Position Statement: Death Tax

The death tax gives government the authority to force people to relinquish 30% to 50% of an inheritance just because it is an inheritance.

In many cases the inheritance is in the form of an ongoing business or a property. Heirs must either liquidate or borrow to pay taxes.

Some inherited money was already taxed twice: once as income to a company (30% to 40%) and second time when the recipient pays personal tax (15% to 40%) on interest, dividends, or capital gains.

Let's face it, the death tax is perhaps the best example of the "politics of envy," the preference to take money from wealthy people to make transfer payments to other, presumably more deserving people.

The death tax -- and the growth of other taxes -- pay for an increasingly bloated government and the many responsibilities it has taken on.

Before concluding that the death tax is good consider these questions:

  1. Is it government's job to decide who deserves to have money
    in a private person's estate when s/he dies?
  2. Is it appropriate for some people to ask government to tax heirs
    based on the financial success of their relatives?
  3. Will government programs funded with the tax lead to more prosperity,
    more jobs, more overall benefit to society?

I oppose the death tax.

rev 7/22/04