But We Need More Auditors

Joe Kristan tells of the case of  Estate of Louise Paxton Gallagher, T.C. Memo. 2011-148 where the  Tax Court made a valuation ruling more favorable to the taxpayer than what it had originally claimed on its tax return:…

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Estate Tax is Good for Demogoguery

Joe Kristan chimes in on the issue of whether the estate tax makes any sense: David Logan puts it starkly: Simply put, the federal estate tax does nobody any good. Why? Estate taxes are generally…

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Megan McArdle Proposes 100% Estate Tax

I usually agree with Megan McArdle, but this time she’s drifted so far to the left she’s treading water off the coast of Malibu: I don’t see by what right people should be allowed to…

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Life Insurance Companies Bribe Politicians to Stop Repeal of Estate Tax

This is what’s wrong with our political system. Jonathan Strong of the Daily Caller reports that the driving force in opposition to the repeal of the estate tax is the life insurance industry: A new…

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Rich People Give Less to Private Charity When Taxes Increase

Higher taxes on the rich result in an increase in the size of government at the expense of private charity. Docuticker reports that Bank of America has published its High Net Worth Philanthropic Study which finds that charitable giving…

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