death tax

Abolishing the death tax!!!
When some one dies they usually have a will, in that legal document is the division of his land and capital. Even though people are taxed throughout their lives, the government wants to reinstate the death tax. The death tax will take 55% of the assets that a person who dies has. Even though the death tax only is less than 1% of the governments’ revenue, it’s a slap to the face of America; it takes the money out of the economy and puts it into the overinflated government. The death tax destroys small and family owned businesses because every time it’s passed down a generation, over half of the land, buildings, and money are taken by the government. Nowadays people can't afford to pass on their business, so they sell out, letting long-time employees go. Not because they want to, but because they have to. And the echo reverberates through an entire community. A few examples are “The Death Tax has caused the loss of over 236,000 jobs last year alone because small business owners struggled to pay the tax just to stay in business.” And also “The Death Tax will directly force American Farmers to sell off property that has been in their family for generations, just so they can pay.“

That is why this should be created into an amendment and added to the constitution.