the estate tax, by those who like the tax and the death tax by those
who want to make the tax sound morbid. In nations that have the estate
tax, rich people who spend their money on solar panels or wind
turbines could avoid it, with all the money that they use for that
equipment.
This would stimulate the market for this equipment. Billions of
dollars would get invested in this wind turbines and solar panels. And
we wouldn't be going around the estate tax really, because when you
die you are not transferring money, or houses. You give your kids a
pile of solar panels or wind turbines. The "value" of these items do
not get taxed.
So instead of Paris Hilton getting access to offshore bank accounts
when her father dies, she would get millions of dollars of solar
equipment that her dad bought in 2010, that helped stimulate the
economy, and that she can use to produce clean energy.
