The Estate Tax Essay -- Argumentative Persuasive Papers Politics

The Estate TaxHave you perceive the phrase No revenue incomeation without representation? It was the common cry of the colonists forward the revolutionary war. The colonists did not want to be assessed by England if they were not allowed to choose in the English elections. Englands refusal to allow them to vote was a major(ip) reason the colonists decided to create their own government. When this new government was kickoff created it did not tax those hatful that were not allowed to vote. Then things changed in 1916 the terra firma tax was created. (The estate tax is a levy that taxes deceased peoples estates if it is worth more than $675,00.) If one is to remain adjust to the American ideal of no taxation without representation, the estate tax should be lifted. jobless people are not allowed to vote and, therefore, should not be taxed. woefully umteen people no longer care what principles America was founded on. So I shall expound upon other reasons to subvert the death tax. The reasons being it makes it rugged to pass on family farms, it taxes the dead, it has outlived its original purpose and it creates an obstacle for humbled businesses.It is true that tax exemption is allowed for the first $675,000 that is left by the deceased. Therefore, a abandon of the estate tax would be a tax break for those who umpteen consider rich. It is also true that some money escapes taxation delinquent to loopholes in the tax code. Thus making the estate tax a way 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 keep back considered that family farmers are considered rich as far ... ...al of the estate tax would be made up in other taxes. So what is being through about the oppressiveness of the estate tax and the projected benefits of its repeal? easily just this last session a repeal of the estate tax passed both the house and the senate and was subsequently vetoed by President Clinton. (Thomas) The bill and then went back 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 come across if you write your congressman urging him to support legislation that will repeal the estate tax, and by making your voice heard by balloting for people who already support the repeal of the estate tax.