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He advocates repeal of the state inheritance and gift taxes.
Federal Ministry of Finance: Information about inheritance and gift tax (German)
Norway: arveavgift (inheritance and gift tax).
County taxes include a five percent inheritance and gift tax, a motor vehicle tax, a vessel tax and an arcade game machine tax.
Patten is a former family business owner and the activist who filed Initiative 402 to repeal the Washington State Inheritance and Gift Taxes.
I support the ending of inheritance and gift taxes in particular, when a business is handed on within the family. Also of course, that undistributed profits in the business should not be taxed.
In particular, the high level of inheritance and gift taxes is an important factor inhibiting business transfer in several European countries, so the possibility of reducing or eliminating these taxes should be taken into consideration.
Real estate taxes, inheritance and gift taxes and environment taxes were also to be introduced in place of the previous system of "profits taxes" - levied on state-owned industry - and turnover taxes.
His bill to cut inheritance and gift taxes in 1981 was a key component of President Ronald Reagan's tax reform package and is remembered as one of the most substantive changes to tax policy that decade.
His campaign established a groundswell of public support and Queensland was the first state to abolish inheritance taxes in 1977; the Commonwealth and other states followed soon after by abolishing their respective inheritance and gift taxes.
"It's the only way I know of to double-dip the Government," said Jeffrey E. Reichel, director of development at Carleton College, referring to the avoidance of capital-gains taxes, the use of a tax deduction and, if the money is paid to someone in a younger generation, the avoidance of inheritance and gift taxes.