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Do you have ideas on how to fix that? I recently heard "land-ownership tax/renting land from the state instead of owning it" and "100% tax on death/abolish inh
by cryptarch 9y ago
Do you have ideas on how to fix that?
I recently heard "land-ownership tax/renting land from the state instead of owning it" and "100% tax on death/abolish inheritance", I think they're interesting but not without problems.
- esun 9y agoOne of the reasons I work hard is so that my children have a good future ahead of them. Why should my family give that all back to the state when I die? The state didn't earn that money... I did.
- taway_1212 9y ago> One of the reasons I work hard is so that my children have a good future ahead of them. Why should my family give that all back to the state when I die? The state didn't earn that money... I did. One could argue that your kids did not earn that money either. As a reasonable middle ground, I think that we there could be a "good future for the children" exemption (at say $20m per child), while the rest is taxed at 100%. This prevents the natural process of concentration of all wealth in the hands of the few.
- user5994461 9y agoIt's really easy to fix. The process is called war. Properties are not valuable when tenants and landlords keep dying and the properties themselves might get destroyed.