Death Tax is government-sanctioned estate looting

Current discourse over the Death (or estate) Tax depicts troubling attitudes toward American wealth and property rights.  While the generation of prosperity through hard work, creative thinking and discipline was once aspired to and celebrated, today’s world too often seems to begrudge success and foster a skeptical view that if someone is “rich,” perhaps they acquired it less than honestly or were undeservedly “lucky.”  As the trickle-down value of wealth – did a poor man ever give you a job? – seems sadly lost, also being challenged is the concept that one’s earnings are their own to keep spend, save or reinvest/redistribute per their own accord.

EstateofDenial.com addresses the increasing use of probate venues and probate instruments (wills, trusts, guardianships and powers of attorney) to perpetrate Involuntary Redistribution of Assets actions against the dead, disabled and incapacitated along with their families or other heirs/beneficiaries.  We see property rights trampled as the legal system is used to loot estates by diverting lifelong accumulations of assets from a property owner’s intended recipients to never-intended or outside parties.  The Death Tax is government-sponsored estate looting and is equally harmful as actions perpetrated by non-governmental grave robbers, asset looters and property poachers.

An estate tax discourages productivity and prosperity.  It can thwart motivation and economic innovation – foundational principles on which this country was built.

Some wealthy Americans are joining a campaign started by Warren Buffet and Bill Gates in which participants pledge to give away at least 50 percent of their wealth to charity.  Hooray for that.  Every American should be free to determine the final distribution of their property.

It’s great if these folks want to give much of their money to charity, but it’s equally great if people want their children or other designated heirs to inherit their assets.  In the vein of freedom, we support the right of Leona Helmsley and Gail Posner (though that case has some suspicious elements) to leave their estates to the care of dogs – the operative term being their money, assets or estates.

And if with death people want to turn their assets over to the government, that’s another option.  Folks who claim they should pay more taxes are, in all reality, free at any point (in their life or upon death) to do exactly that.  They just don’t have the freedom to force it on the rest of us.

So what’s the problem?  Simply put, the Death Tax is government’s desire to confiscate assets for the further control and redistribution of wealth in this country.  It’s a threat to basic American property rights as it sets a basis that government can arbitrarily establish conditions through which property must be relinquished upon demand.

If Death Tax proponents describe Americans wanting to keep what they’ve earned as “greedy,” what then do you call the U.S. government that does nothing to create or otherwise earn wealth, sometimes even hampers its generation yet boldly claims an entitlement to property upon its citizens’ deaths?  Greedier seems a good start.

Lou Ann Anderson is an advocate working to create awareness regarding the Texas probate system and its surrounding culture.  She is the Online Producer at www.EstateofDenial.com and a Policy Advisor with Americans for Prosperity – Texas Foundation.  Lou Ann may be contacted at info@EstateofDenial.com.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.