Anonymous
Anonymous asked in Business & FinanceTaxesUnited Kingdom · 3 months ago

Should it be wrong to tax the dead?

8 Answers

Relevance
  • 1 week ago

    Complicated issue.  On the one hand it is fundamentally unfair to tax inheritance as tax was already paid on this money when it was earned.  Even if it is a house, after tax money went into paying the deposit and mortgage. 

    On the other hand, if there is no inheritance tax, wealth becomes gradually more and more concentrated in the hands of the few.  That increases the division between rich and poor.  That started during the industrial revolution and did not end until WW1.

    There is also a valid argument for each generation to have a level playing field.  Not really right that some should get hand-outs from their parents that they did not earn and do not deserve.

  • 1 month ago

    No - inheritance duty is normal. Why not?

  • 2 months ago

    We tax the living , and whatever they may inherit.

  • L
    Lv 4
    2 months ago

    Why would it be legal?  When a person dies.........his or her taxes immediately stop.

  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • Mark
    Lv 6
    3 months ago

    I've never heard of any of them complaining about it.

  • Anonymous
    3 months ago

    Yes, the dead can't vote. This is the ultimate taxation without representation, it should be wrong. 

    Edit: It won't change until the undead becomes a real thing though. That is what all those zombies in those apocalyptic movies are uprising about. 

  • Anonymous
    3 months ago

    Once a person dies, everything they had owned should go to the lord of the land, including debts.

  • 3 months ago

    The dead are not taxed, sometimes the person inheriting is.

Still have questions? Get answers by asking now.