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A low inheritance tax can't possibly be worse for building intergenerational wealth than a high one. I'm not sure what your point is.
by ac29 5y ago
A low inheritance tax can't possibly be worse for building intergenerational wealth than a high one. I'm not sure what your point is.
- happytoexplain 5y agoIn general, of course. I was disagreeing that it helps the poor, specifically. Is what I said untrue?
- dragonwriter 5y ago> A low inheritance tax can't possibly be worse for building intergenerational wealth than a high one. It absolutely can for the people who wouldn't, in either scenario, pay inheritance tax in the first place, since for them a low inheritance tax means only less wealth distributed out from those who already have enormous generational wealth from which they might build intergenerational wealth, but not any advantage in passing the wealth they do acquire.