Taxes, which go to pay for your schools, roads, highways, airports, etc. Incidentally, any estate advisor would tell you that you should never leave estate proceeds to your parents, but to your siblings or others who will assumedly care of your parents. Unless you have a relatively large estate, there will probably be no estate taxes.

Thou shalt not steal, because thou government hateth competition. I make roughly $40,000 per year and of that about 30% disappears entirely so my real income is about $28,000, though I'm better off than many I'm not rich by any stretch. Yet there is the constant screaming for more, more, more. I live within my means and sock money away for a later day, why should I be required to pony up any more when its already at an usurious rate? Some taxes are necessary but it has reached the point of absurdity and we are well past the point of diminishing returns. Taxes raised further will put more businesses over the breaking point and destroy more jobs, resulting in less net gain from the taxes over the long haul. Short term you may see a slight bump in tax revenue but as they are raised higher the short term becomes shorter and the long term consequences come home to roost sooner. This does not even include the invisible tax of inflation which has always been present and taken a bite out of your income but will really hit everyone hard in the coming years as we have no viable alternative to pay off our national debt besides inflating our way out of it. Our creditors see the rampant spending of the last administration being continued and ramped up by the current one and quite rightly have no faith we'll pay it back with anything but toilet paper currency. The dollar has been the world reserve currency for so long that the fools running our financial system do not see the payment is coming due, they believe their own lies. Our creditors are moving away from the dollar as the world's reserve currency, China, Russia, Brazil, etc. are calling for a new reserve currency to replace the dollar, when that happens we become the Weimar Republic. Our status as a reserve currency, based on the reality that the dollar has been more stable than most any other, is the only thing that has kept this from happening already, as they see that stability threatened they are looking for a replacement. We are dependent upon not merely the kindness of strangers but outright enemies. Edit: Forgot about the estate issues. I have personal experience with that bit of fun and games, we had to sell the family ranch to cover the tax bill after grandfather passed away. On paper it looks like he was rolling in money, in practice that requires liquidating land and other assets to get that money out of the asset. This is counterproductive as doing so deprives you of the use of the asset to generate income. In farming/ranching, your most valuable asset is land and water, selling the equipment or livestock does not generate sufficient cash to cover the tax bill (not to mention depriving you of means to generate income) so you have to sell land which, thanks to idiotic regulations on the size of parcels, means selling either a small parcel that does not generate enough to make a difference or a larger parcel that does generate enough but puts you over the breaking point of not being able to make enough to make the operation pay for itself. He was not mired in debt, in point of fact paying his debts off was easily done but Uncle Sugar had to have his half. I've seen the same thing happen time and again with many businesses, not just farms and ranches. Bust your ass your entire life to build something to pass along to your children after you die and the government still demands taxes after you're cold and in the ground.

If you've read any of my writings on the topic then you already know: MOST taxation in this country now is white-collar theft.

Anything over 10% is just plain old theft in my opinion.