Essays in Political Economy

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Death Taxes: Theory, History, and Ethics

  • Essays in Political Economy

Tags Taxes and SpendingInterventionism

07/20/2005Alexander Tabarrok

So long as men are mortal, wealth must be transferred between the generations and so long as parents care for their children, the dominant means of doing so will be through family inheritance. The transference of wealth through family benefits bequest or and heir, strengthens family ties, and increases long-term savings. When the state intervenes in this process, it increases its coffers at the expense of the smooth operation of family, society, and economy.

Author:

Alexander Tabarrok

Alexander Tabarrok is a Canadian-American economist and co-author of the economics blog, Marginal Revolution. He is a professor at George Mason University and a fellow at the school's Mercatus Center. In addition, Tabarrok is director of research for the Oakland, California based  think tank the Independent Institute.

References

Essays in Political Economy, Auburn, AL: Ludwig von Mises Institute (1997).

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