inheritance taxes
1.the estate remaining after debts and funeral expenses and administrative expenses have been deducted from the gross estate; the estate then left to be distributed (and subject to federal and state inheritance taxes).
2.The levy of inheritance taxes is an economic means of adjusting income distribution after social wealth has been accumulated to a certain extent, so as to narrow the gap between the rich and the poor and consequently reach the goal of social harmony.
3.In order to stimulate the creativity of the whole society and also not to lose social justice and harmony, firstly we should make it clear the purpose and significance of levying inheritance taxes, secondly we should seize the opportunity to rationally fix the tax rate and the starting point of taxation, and the last but not the least we should accelerate the improvement of related regulations and at the same time pay close attention to the effects that shall be brought by the inheritance tax system, which, in my opinion, will surely make a positive contribution to the social wealth accumulation, fair allocation of property, and social harmony.
4.When he overhears the guard captain complaining about losing most of an inheritance to taxes, he offers to trade his advice for three beers for each of the men who are working with him that day tarring the roof.
