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There shouldn't be an estate tax because all that money was taxed when it was earned initially. Why should that money be taxed again when it's given away to a family member?
You sure it was all taxed?
Problem is there would always be one small island that doesn't support those rules and everyone would incorporate there. Everyone already incorporates in Delaware because of whatever they do there.
The motivation is inbuilt into the system.
The Delaware's of the world hold no attraction as every where else is tax free. Sure people could move production there but the whole idea is that tax/costs are paid where the work is carried out.