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The percentage of people who can not make a living for themselves is quite small. The number of people who can not make a living for themselves who have rich p
by yequalsx 9y ago
The percentage of people who can not make a living for themselves is quite small. The number of people who can not make a living for themselves who have rich parents is quite small.
My use of the word 'necessarily' was to highlight that we are talking about very small numbers. Indeed, it is disingenuous to bring up people with Down Syndrome who have wealthy parents into the conversation. It's such a small number of people. There are ways to help such people in a 100% estate tax society. There are ways to make legal exemptions based on extreme situations in a 100% estate tax society.
To say people will necessarily be destitute in a 100% estate tax society is wrong. It is bad thinking and indicates a poor understanding of public policy and potential remedies. It is wrong to say that absolutely at least one person would be destitute in a 100% estate tax society. It could be the case that this is true but it doesn't have to be the case.
One should strive to be accurate in how things are phrased.