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That's why I said: "Now how would that be managed in practice, no idea, and I haven't fully thought through everything here" It's clear that finding mechanisms
by didibus 6y ago
That's why I said: "Now how would that be managed in practice, no idea, and I haven't fully thought through everything here"
It's clear that finding mechanisms to implement this would be the next steps, but also not worth thinking about if people refute the premise itself. That said, I'm not going to accept refuting the premise based on the fact that we don't know how to implement it, that's circular to me.
- sokoloff 6y agoEven before we get into practical concerns, I don’t believe that the state should (morally) have more claim to the residual of my estate than my family (or whomever else I choose to leave my items and money to). If you want to tax large estates (as we do currently), I’m ok with that, but taxing any portion at 100% and taxing estates substantially lower than the current exemption at all I find an unseemly (and for small estates, unwieldy) picking the pocket of someone who worked hard and saved/invested diligently to give their family a better life.
- IG_Semmelweiss 6y agoThis man speaks truth
- tasuki 6y agoFair enough. My gut feeling says such mechanisms are impossible. If you do find any without obvious loopholes, many people will be quite excited. Keep us posted!