"Abolish the 'Death Tax'" by Daniel J. Mitchell (Cato Institute: Commentary)

"Abolish the 'Death Tax'" by Daniel J. Mitchell (Cato Institute: Commentary): "For all intents and purposes, the tax code sends a perverse message to America's entrepreneurs, investors, small-business owners and farmers: If you squander your money as quickly as possible, the government will not tax you. But if you behave responsibly and invest in the nation's future, the government will swoop in like a flock of vultures and grab a huge chunk of your money when you die."

"Scholars who have examined this issue estimate that the death tax has reduced America's stock of saving and investment by nearly $850 billion.

Moreover, the death tax is a job killer, reducing employment by 1.5 million."