3 ms·
60% of US wealth are inherited. But I guess laws and taxes around that vaguely fall under „cultural systems“, so you’re technically right.
by shaki-dora 8y ago
60% of US wealth are inherited. But I guess laws and taxes around that vaguely fall under „cultural systems“, so you’re technically right.
- mrep 8y agoSource? This one [0] says "Most of these studies have found inherited wealth to be in the range of 15% to 31% of total household wealth (Menchick and David, 1983; Modigliani, 1988; Hurd and Mundaca, 1989; Gale and Scholz, 1994; Juster and Laitner, 1996)". [0]: https://www.nber.org/papers/w11767.pdf https://www.nber.org/papers/w11767.pdf