> Wealth doesn't grow for everyone Yeah, but it does generally grow for people who have millions of dollars, especially over the course of the 60 year period t

> Wealth doesn't grow for everyone Yeah, but it does generally grow for people who have millions of dollars, especially over the course of the 60 year period that the original essay is discussing. In the short term, the stock market fluctuates and has recessions, but in the long term it's only ever gone up. > How about we just enforce inheritance taxes and call it done? Because having a semi-predictable tax base is good? It's a lot easier to manage the government budget if you get 2% of the value every year, versus 100% of the value in a lump sum at some unpredictable point in the future. There's only 630 billionaires in the US, so it doesn't seem like statistics helps even this out, either.