2 ms·
Hmm maybe but that puts a lot of trust in the system. Do you think taxing inheritance will result in the democratizing of said assets to society at large? Loo
by roody15 3y ago
Hmm maybe but that puts a lot of trust in the system. Do you think taxing inheritance will result in the democratizing of said assets to society at large?
Looking at the last three decades I see wealth just accumulate in mega corporations who now seem to operate at levels above that of many nation states. Large banks that can demand bailouts and demand “quantitive easing” which simply aggregates wealth in these banks and corporations. Literally transferring wealth from the bottom to the top by government decree.
- nine_zeros 3y agoAt a minimum, the taxation will allow payment of debt incurred by the parent's generation. That's a reasonable outcome for inheritance taxes.