
An Original Illustration by Me.
I’m probably going to hell for the crude drawing, and I know you’re saying to yourselves “you overused the word ‘bitch’ to the point where it stopped being funny” but it really does makes sense. Let me explain. You see, these days Uncle Sam has a very limited vocabulary. His most frequently used words include: “Bitch, bitches, taxes, big government, and more taxes.”
I think my little cartoon gets my point across: The Gift Tax is stupid because taxing people for giving each other gifts is stupid.
It’s as simple as that.
I hear all the time from whiny Liberals about how “to cut the Gift Tax would be to cut taxes for the rich.” So what? Just because it’s a tax that mostly impacts the rich doesn’t make it right. I then ask these same people “Why? Why should the government tax people for giving gifts?” After they explained why the government can tax the giving of gifts I reply “no you idiot, I mean why is it right that the government taxes gifts?”
That’s when they turn mute on me.
Sure, the Gift Tax is a source of revenue. Hell, it’s a source of unearned income taxation as well which makes it even better. But, as a matter of principle, the tax is complete bullshit.