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I'm not nearly knowledgable enough on economics to determine the overall effects of such a tax, so please take this with a very large grain of salt, but couldn'
by Inconel 10y ago
I'm not nearly knowledgable enough on economics to determine the overall effects of such a tax, so please take this with a very large grain of salt, but couldn't it be argued that you purchasing a yacht would be better for the economy than passing on a fortune to heirs?
Yachts seem to require a ton of skilled labor to build and maintain. I assume they provide for many solidly middle class jobs.