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The Estate Taxes, On Balance, Are Good. They Get People To Give Money To Charity, And They Prevent These Family Dynasties Which Keep Other People From Having Opportunities. It May Be Good For A Family, But For Society It's Probably Not Good. And I've Always Been In Favor Of Having An Estate Tax.
-Michael Bloomberg
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The Estate Taxes, On Balance, Are Good.

Michael Bloomberg
The Estate Taxes, On Balance, Are Good. They Get People To Give Money To Charity, And They Prevent These Family Dynasties Which Keep Other People From Having Opportunities. It May Be Good For A Family, But For Society It's Probably Not Good. And I've Always Been In Favor Of Having An Estate Tax.
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