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Which should be carefully weighed up against the costs of the policy (namely collection costs, think about how you value art and stocks and who is going to do t
by Wolfenstein98k 6y ago
Which should be carefully weighed up against the costs of the policy (namely collection costs, think about how you value art and stocks and who is going to do that, and how... and when it's valued... and what incentives that produces for the owner...).
Not to mention the "trust" aspect for those who are wealthy. It will guarantee preemptive shielding and other arrangements which ultimately just add further mud to the US economic system. Not worth a fistful of dollars to be frittered away on general expenditure anyway. IMHO.
- joe-collins 6y agoThe pressures you describe induce diminishing returns, but they are still returns (up to the point that some threshold kicks in and the marginal gain goes straight to zero).