3 ms·
Not even Andrew Carnegie agreed with this take. He was an ardent supporter of heavy estate taxes - despite being worth over $300 billion equivalent today.
by ancientworldnow 8y ago
Not even Andrew Carnegie agreed with this take. He was an ardent supporter of heavy estate taxes - despite being worth over $300 billion equivalent today.
- dragonwriter 8y ago> Not even Andrew Carnegie agreed with this take. So? > He was an ardent supporter of heavy estate taxes Yeah, so what? Heavy estate taxes are a not-horrible band-aid over not adequately taxing the income of rich people as income, but it's better and simpler just to tax income appropriately. The fact that some rich people like heavy estate taxes doesn't really change that.