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Upon the ultimate sale of the property, basis-adjusted profit is taxed at the current capital gains rate, typically lower than income tax.
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When purchasing an asset, financing should not affect the ultimate value of the property because each buyer has different financing options available.
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Without such review, investors and companies cannot know of the ultimate disposition of the intellectual property rights.
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Private property represents the ultimate bastion of individual and societal power and freedom because what belongs to individuals represents power that is independent from the state.
CENTERFORSECURITYPOLICY: Center For Security Policy
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It assumes that the State has ultimate ownership of all personal property and that the State knows better than individuals how their wealth should be distributed after their death.
BBC: Have Your Say: Inheritance tax
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Only through the organization of the workers and the customers as a massive democratic body can lead to the ultimate reinstatement of innovation and freedom in a society in which our property has all shifted away from the hands of the many into the hands of the few.
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