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Wednesday, February 13, 2019

The Estate Tax Essay -- Argumentative Persuasive Papers Politics

The Estate TaxHave you heard the verbiage No tax revenueation without representation? It was the common cry of the colonists before the subverter war. The colonists did non want to be taxed by England if they were not allowed to choose in the English elections. Englands refusal to allow them to vote was a major resolve the colonists decided to create their own government. When this new government was first created it did not tax those heap that were not allowed to vote. Then things changed in 1916 the farming tax was created. (The land tax is a levy that taxes deceased messs dry lands if it is worth more than $675,00.) If one is to remain true to the American beau ideal of no taxation without representation, the estate tax should be lifted. Dead people argon not allowed to vote and, therefore, should not be taxed. Sadly many another(prenominal) people no longer cargon what principles America was founded on. So I shall expound upon other reasons to repeal the death tax. T he reasons being it makes it difficult to select on family farms, it taxes the dead, it has outlived its original purpose and it creates an obstacle for small rail linees.It is true that tax exemption is allowed for the first $675,000 that is left by the deceased. Therefore, a repeal of the estate tax would be a tax break for those who many consider rich. It is also true that some money escapes taxation due to loopholes in the tax code. Thus making the estate tax a appearance to make sure that all the wealth involved in the estate is taxed at least once. It is also true that the estate tax brings in revenue for the Federal government.However, those who say that the repeal of the estate tax is a tax cut for the rich may not have considered that family farmers are considered rich as far ... ...al of the estate tax would be do up in other taxes. So what is being done roughly the oppressiveness of the estate tax and the projected benefits of its repeal? Well unspoilt this last s ession a repeal of the estate tax passed some(prenominal) the house and the senate and was subsequently vetoed by President Clinton. (Thomas) The bill then went cover version to the house for a vote to overrule President Clintons veto. The vote to overrule the veto lost by 13 votes. (Tax Bites) This proves that many of your congressmen and women are pulling for you. This also proves that some are not. Victory for family farms small business owners, and philanthropists is close at hand, but it can only happen if you save your congressman urging him to support legislation that will repeal the estate tax, and by making your voice heard by voting for people who already support the repeal of the estate tax.

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