Final answer:
Anakin should be taxed on the gain from the sale of his inherited antique car according to the Installment Sale method, which allows the gain to be taxed as the installment payments are received.
Step-by-step explanation:
The principle that will determine when Anakin should be taxed on the gain from the sale of an inherited antique car, with the buyer promising to make installment payments over several years, is related to the Installment Sale method for tax purposes.
In general, the Installment Sale method stipulates that the seller reports income and pays taxes on the gain in proportion to the payments received each year, rather than the entire amount being taxed in the year of sale. This is because the actual payments from the buyer are spread over multiple years, allowing the seller to spread the tax burden accordingly.
In inheritance tax debates, an important consideration is whether it is fair for individuals to be taxed on wealth that has already been taxed in the hands of the decedent, versus wealth earned through personal effort and innovation. There's a distinction made in public sentiment between these two sources of wealth and their impact on economic inequality.