Legislative Branch

Inheritance More Than $10K Should be Taxed

Heirs should pay taxes on all inherited property and inherited money exceeding $10,000. Why should they get a tax-free, unearned windfall of up to $7 million? This will help reduce the public debt and one's sense of entitlement. It will also help lower the tax rate on HARD-EARNED income.

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Idea No. 14300