Over at Slate, Bill Gates Sr. and T.J. Rodgers are debating the repeal of the estate tax. It opens with a reprint of Gates’ Washington Post editorial on why repealing the tax is a bad idea. I look forward to reading both sides of the debate, but I’m extremely biased toward Gates’ position. I really can’t see any social value in allowing the extremeley rich to hoard their wealth from generation to generation. As a liberal, social value is more important to me than “fairness” to individuals who have obviously already reaped massive benefits from being members of our society.
Over at Slate, Bill Gates Sr. and T.J. Rodgers are debating the repeal of the estate tax. It opens with a reprint of Gates’ Washington Post editorial on why repealing the tax is a bad idea. I look forward to reading both sides of the debate, but I’m extremely biased toward Gates’ position. I really can’t see any social value in allowing the extremeley rich to hoard their wealth from generation to generation. As a liberal, social value is more important to me than “fairness” to individuals who have obviously already reaped massive benefits from being members of our society.
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