On Sat, 2 Apr 2011 00:46:09 -0400, "Tom Gardner" w@w
wrote:
snip
Taking wealth away from those that earn it is not just and equitable.
snip
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Another key point!!!!!!

There is however a huge difference between those that
earn/create wealth and those that simply inherited it as an
accident of birth.

This situation has been greatly amplified and exacerbated by
the legality of non-terminating "dynastic trusts" which
overturn common law precedents dating back to at least King
Edward I (1279 and 1290).
http://en.wikipedia.org/wiki/Statutes_of_Mortmain
http://en.wikipedia.org/wiki/Mortmain
http://en.wikipedia.org/wiki/Rule_against_perpetuities

Now about those estate taxes.....




-- Unka George (George McDuffee)
...............................
The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).