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What are your arguments against inheritance?
by googletazer 9y ago
What are your arguments against inheritance?
- grasshopperpurp 9y agoI don't have a problem with someone inheriting a few mil. Once you get beyond 10M, I think the money should be redistributed to society, but you said, When this nanny starts a nanny management company and sends nannies to people who need them, she will probably earn enough to afford the six dollar bread. So, I find it ironic that you're telling the nanny to pull herself up by her bootstraps, while failing to acknowledge that her employer inherited her wealth.
- googletazer 9y agoThats because I don't see anything wrong with inheritance, in an utopia everybody might work for the benefit of the community as a whole, but that will never happen. Ask your plumber when he is digging in shit whether he is doing it out of the goodness of his heart, and get back to me with the answer. I'd rather incentives would be such as to let people amass as much benefit for themselves as possible, and then if they want to voluntarily give back - all the power to them. Forced redistributions give wrong signals to people. If anything there should only be a flat tax, say 10% all types of economic activity (work/investment/etc...), and the government should provide as many services as that 10% can afford, not perpetually expand the list.
- grasshopperpurp 9y agoForced redistributions give wrong signals to people. What signal does does it send to people when you allow a privileged few to inherit (for practical purposes) anything they want without having had to put any work in to get it? What signal does it send when those same people can use what they've inherited to buy policies that only increase the discrepancy between them and their plumbers - who are doing hard work that few of us would enjoy?