Book by Sennholz, Hans F.
"synopsis" may belong to another edition of this title.
Death and Taxes not only presents the economics of taxation, especially estate taxation, but also provides the reader with intelligent advice. When productive capital is forced to seek escape from death duties, there are pernicious effects even before the death occurs. Capital subject to future death duties tends to be reassigned from more productive uses to less productive ones, or perhaps is consumed entirely. Confiscatory estate taxation levied over half a century, according to the author, is imparting a new mentality that prefers conspicuous consumption to labor and thrift. The tax consumes productive capital and lowers labor productivity and wages. Instead of reducing economic inequality, death duties tend to increase the inequalities. This is why owners of productive wealth have a moral obligation to plan their estates to safeguard family wealth.
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Book Description Libertarian Pr, Grove City, Pennsylvania, U.S.A., 1982. Soft cover. Book Condition: New. Minimal signs of use or wear on spine and front and back covers, little discoloring on binding and bottom edge, pages show little shelf wear, clean pages no marks or tears, overall great condition. Bookseller Inventory # 000100
Book Description Libertarian Pr, 1982. Paperback. Book Condition: New. Never used!. Bookseller Inventory # P110891950176
Book Description Libertarian Pr, 1982. Paperback. Book Condition: New. 2 Revised. Bookseller Inventory # DADAX0891950176