We should absolutely give zero ground to the folk economics of the "double taxation" argument. /rantover

We would probably be better off if we stopped calling it an inheritance tax all together and called in an income tax, because that's what it is. To argue against it is to argue against an income tax, which, fine, you can have that position, but I think people have a better intuition for its logic.

Returning to the inheritance tax, it is the same for people. Income is taxed and then people spend their income which is income to others and it is taxed again as it circulates because incomes have multiplied. An inheritance tax is taxing the income that is being received by the recipient.

There is nothing magic or nefarious about this. One person or company's expenditure is another's income. Money circulates in the economy and tax is levied each time it circulates. It's not like each dollar gets a badge that it's paid its dues and is free after the first circulation.

LoL!!!!

Good ! I like your analysis!

The WH may well try to make the case, but it's not clear mere disagreement about some of the causes of SVB's satisfies the (admittedly vague) standard in Cook. Nor do the bank failures themselves suggest any "misconduct" warranting removal 3 years later.
www.yalejreg.com/nc/the-uncer...

To the extent SCOTUS is concerned about pretextual firings, Barr is in a strong position, since it's been an open secret the administration wants him gone so the president can have more influence over the board of governors.
news.bloomberglaw.com/banking-law/...