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> Next year the pandemic could stop This is a red herring because taxation doesn't need to happen annually. Many wealth tax proposals focus exclusively on gift
by BugsJustFindMe 6y ago
> Next year the pandemic could stop
This is a red herring because taxation doesn't need to happen annually. Many wealth tax proposals focus exclusively on gift+inheritance intergenerational wealth transfers. Anyone in favor of un-earned wealth transfers from parent to child should also be in favor of taxing the rich more to feed, clothe, and house the poor.
- mlindner 6y agoBut the "ten billionaires" of this article isn't about inter-generational wealth transfers... An inheritance tax is quite a different thing than a wealth tax.
- BugsJustFindMe 6y ago> But the "ten billionaires" of this article isn't about inter-generational wealth transfers In the long run it absolutely is. People wouldn't care about this if all the wealth went back to the poor after each billionaire dies. > An inheritance tax is quite a different thing than a wealth tax. What do you think is being inherited?
- burrows 6y ago> Anyone in favor of un-earned wealth transfers from parent to child should also be in favor of taxing the rich more to feed, clothe, and house the poor. But I don’t care about the poor, I care about my children, and I want to pass my wealth on to people I care about.
- BugsJustFindMe 6y ago> But I don’t care about the poor Ah, well, that's definitely a position.
- burrows 6y agoDo you care for/about the poor because you want to end suffering for all sentient beings, or for some other reason?