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{ Tag Archives } luck

Warren Buffett and Bill Gates on the estate tax

Analysis of an interview with Warren Buffett and Bill Gates, discussing the estate tax and the moral obligation of the wealthy to society. Should Warren Buffett’s philanthropy be done on a taxable basis?

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2009 05 18 Saul Elnadav Estate Tax Comments (7)

Hard work and dumb luck

My recent post, Tough luck for dumb luck, linked an article by Robert H. Frank which disagreed with the contentions that the tax system strains the vital connection between individual effort and reward. Robert H. Frank argued that luck contributed heavily to success, and that “well-paid Americans owe an enormous, if rarely acknowledged, debt to [...]

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2009 05 04 Saul Elnadav Estate Tax Comments (2)

Tough luck for dumb luck

I previously linked several editorials arguing for and against the estate tax.  A frequent argument in favor of lower taxes, heard again at the recent anti-tax tea parties, is that taxing income and wealth strains the relationship between effort and reward.  Higher taxes are a disincentive to working hard. The New York Times recently published [...]

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2009 04 28 Saul Elnadav Estate Tax Comments (5)