The Palm Beach Post

Follow Roosevelt on inheritanc­e taxation

-

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

Newspapers in English

Newspapers from United States