Reform Overdue: Why inheritance tax needs to be reinvented
⚡ Quick Summary
The inheritance tax is supposed to create justice - but it doesn't. It taxes values that the heir does not own, is full of loopholes and brings in hardly any income.
The inheritance tax is supposed to create justice - but it doesn't. It taxes values that the heir does not own, is full of loopholes and brings in hardly any income. Tax law professor Gregor Kirchhof advocates a radical system change.
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