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If someone earns billions, they can do whatever they want with it as long as it is legal. Only when someone gets something which is not earned, that should beco
by RestlessMind 6y ago
If someone earns billions, they can do whatever they want with it as long as it is legal. Only when someone gets something which is not earned, that should become a taxable event.
This way, a billionaire giving his fortune away won't be taxed. If that fortune goes to charity, still not taxed. If that fortune goes to his kids or to their trust fund, it should be heavily taxed.