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We need to rebuild the Inheritance Tax. Hit the wealth at the moment of inheritance, when it acts as income for the next generation. I'm worried about the decl
by VintageCool 8y ago
We need to rebuild the Inheritance Tax. Hit the wealth at the moment of inheritance, when it acts as income for the next generation.
I'm worried about the decline of the inheritance tax. It's happening all over the West. In France, "the incomes attained by the top 1% of French inheritors are already higher than those attained by the top 1% of workers".
We could be headed back to a Jane Austen -esque society where ambitious young people seek their fortunes in marriage, rather than in business.