Reference no: EM13146043 , Length: 208 words

You've heard the old saying, "The only thing certain in life is death and taxes." You're probably also familiar with another old adage, "You can't take it with you." * While these sayings may be true, do you think that it is proper or appropriate that a person's estate may be taxed upon the person's death? * Shouldn't people be able to pass their hard-earned wealth to their surviving families, without paying Federal estate taxes and state inheritance taxes? * Haven't they already paid income tax, sales tax, and real estate taxes on the income they've earned and property they've acquired during their lifetimes? * Should they be taxed yet again when they die, reducing the amount to pass to their heirs?