Should inheritance be taxed at nearly 100% so everyone starts roughly equal?
Earn your own way, or pass everything to your kids? One side calls it fairness, the other calls it theft of a parent's love. Pick.
Earn your own way, or pass everything to your kids? One side calls it fairness, the other calls it theft of a parent's love. Pick.
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Add your comment'I want to leave something for my kids' is the most human instinct there is, and a 100% tax says the state loves your children more than you do. No.
Dynasties are just aristocracy with extra steps. We had a revolution to escape inherited power and rebuilt it through trust funds.
My parents had nothing to leave. Watching kids born onto third base call it a home run my whole life did something to me.
Tax it hard and the rich just move the money offshore before they die. The only people 100% catches are the middle class with one house.
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