4 ms·
I get that part but the difference in compound interest still seems too small compared to their multi-billion-dollar assets. The real issue seems to be inherita
by dataflow 4y ago
I get that part but the difference in compound interest still seems too small compared to their multi-billion-dollar assets. The real issue seems to be inheritance tax cost basis step-up, if I'm understanding correctly. Which would explain why generational wealth is such a bigger deal than people give it credit for.