tag:blogger.com,1999:blog-3152270.post106761064878250847..comments2024-03-26T12:23:35.307-05:00Comments on The Buck Stops Here: Estate TaxStuart Buckhttp://www.blogger.com/profile/05731724396708879386noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3152270.post-79109012723831597092009-04-16T10:23:00.000-05:002009-04-16T10:23:00.000-05:00Agreed. The argument that the 'death tax' has dis...Agreed. The argument that the 'death tax' has distortionary effects and discourages work is sound as far as it goes. But every tax has distortionary effects and every tax discourages something (usually work). So pointing out the distortionary effects isn't enough. You have to make an argument showing why the distortionary effects are particularly bad with this kind of tax compared to others.<br /><br />To my mind, the opponents of the estate tax have not made that argument. Yes, estate taxes are bad. So are tariffs and excise taxes. But if we could fund a (much-reduced) federal government with just those, I'd be as happy as a hog in a waller.<br /><br />-Adam GreenwoodAdam Greenwoodhttps://www.blogger.com/profile/02262823732358694125noreply@blogger.com