Fol­low Roo­sevelt on in­her­i­tance tax­a­tion

The Palm Beach Post - - OPINION: THE DEBATE STARTS HERE -

Pres­i­dent Don­ald Trump is call­ing for the elim­i­na­tion of the in­her­i­tance tax.

Pres­i­dent Teddy Roo­sevelt ad­vo­cated an in­her­i­tance tax. In 1907, he said: “I do not be­lieve that any ad­van­tage comes ei­ther to the coun­try as a whole or to the in­di­vid­u­als in­her­it­ing the money by per­mit­ting the trans­mis­sion in their en­tirety of such enor­mous for­tunes as have been ac­cu­mu­lated in Amer­ica...

“Such a tax would be one of the meth­ods by which we should try to pre­serve a mea­sur­able equal­ity of op­por­tu­nity for the peo­ple of the gen­er­a­tion grow­ing to man­hood.”

His view is per­ti­nent to­day, as well.

ARNE SIEGEL, PALM BEACH GAR­DENS

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