Quote by Olin Miller

Inheritance taxes are so high that the happiest mourner at a rich man's funeral is usually Uncle Sam.

Inheritance taxes are so high that the happiest mourner at a

Summary

This quote suggests that the high taxes imposed on inherited wealth are beneficial to the government, represented by Uncle Sam, in terms of tax revenue. It implies that when a wealthy individual passes away, the government stands to gain significantly from the estate's taxation, and thus is characterized as a "happy mourner." The quote portrays inheritance taxes as disproportionately burdensome on the wealthy, ensuring that a significant portion of their wealth is channeled towards the state rather than passed on to their heirs.

Topics

Taxation

By Olin Miller

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