Posted by Bret4207 on December 13, 2012 at 04:18:55 from (64.19.90.196):
In Reply to: Death and Taxes. posted by David G on December 12, 2012 at 18:19:18:
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Would you kindly refer me to the inheritance tax put in place by the Founders please? The only Federal taxes put in place by the Founders I'm aware were import duties and tariffs. Later the first US State taxes I'm aware of were placed on alcohol. This resulted in actions such as Shays Rebellion. The Inheritance or Estate Tax as we know it did not appear until 1916, along with the rest of Wilsons Income Tax scheme.
I'm not sure where you got the idea the Founders instituted the Estate Tax.
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