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> set inheritance tax and gift tax to 100% Would anyone leave inheritances or give gifts after that? People would just spend everything they have, targeting a
by danuker 4y ago
> set inheritance tax and gift tax to 100%
Would anyone leave inheritances or give gifts after that? People would just spend everything they have, targeting a $0 or negative net worth at death.
- otterley 4y agoThat’s kind of the point.
- robertlagrant 4y agoThe point is that people spend what they have? What would that do?
- kennywinker 4y agoWell, it'd be great for the economy.