> I suspect most people's education is complete by the time their parents die. I guess it depends on how you define or implement inheritance tax. If you can af

> I suspect most people's education is complete by the time their parents die. I guess it depends on how you define or implement inheritance tax. If you can afford your kids your entire capital while you are alive, the inheritance tax will only affect the unprepared. In argentina there is a sizable estate tax , so people transfer all their deeds to their children in their 60's. Of course such implementation would not render the kids unable to live without wages. > Because I can assure you that once dead, you will maintain no further interest in your assets. While alive, I suspect you will. I dont see how this follows what I said. I said that if the goal is to maximize the amount of labor in the system (adding inheritance tax so children of welathy people also have to work) then we could just ban wealthyness altogether and truly maximize the amount of people that work. by making it a necessity. I dont know what interest in assets means in this context. > They were teaching it in highschool economics when I was a kid. I dont know what model they taught you, but if spending by itself were the undisputable best use of capital, then we should collectively just ban savings from ever existing and reap the rewards.