1. Introduction -- 2 Fiscal Context -- 3. Visual Satire Context -- 4. Income Tax -- 5. Indirect Tax -- 6. Politics Of Personality -- 7. Estate Tax -- 8. Free Trade -- 9. Conclusion -- Appendix 1 -- Appendix 2.

Many have advocated the taxation of bequests and gifts as income in order to achieve substantial revenues from unearned wealth and address inequality. There are, though, many drawbacks to the idea of taxing inheritance as part of the beneficiary’s income. Even for those who claim the inclusion...