The people who buy the most lottery tickets and gamble the most are also 18-29 year olds

People who dont know a whole lot about economics

Gee I wonder which party the majority of them vote for 18-29 year olds

The one that promises them the economic rainbow and burys future generations with debt

$21 trillion and counting, both parties are to blame, but one party is promising the free shit

The people that gamble the most are the people who go into finance actually

so, they do know something about economics 😉

And you're talking to someone who has rabbit holed every school of economics, so its not a valid retort here. In fact, i would turn that back onto you and claim the reason you dont support redistributive policies is because *you havent widened the scope of your economic knowledge to realise that neoclassical/austrian economics is based on garbage premises and false logic*

>but one party is promising the free shit

two parties are -> the fact republicans wont tax inheritance means theyre promising you will get your free shit

I suppose ill just ask my financial planner if they bought any scratch and sniff tickets then,

republicans love giving free shit to corporations too

so its a false dichotomy

gambling isnt just lotto tickets mate

its casino games

putting money on derivatives at 20x+ leverage

theres no "formula" for stock prices *which is actually accurate to any real degree*, so when you put money into stocks, *youre gambling on your intuition/study on that company and/or the economy*

theres a reason hedge funds underperform most of the time

"People assume risk when they consult with financial planners at a bank, it's just like a casino game",

Thats beside the point though

its THE Point

people in the financial industry are the biggest of the gamblers

^Very debatable

However

their job is a gamble mate

the only bigger gamblers are full time poker pros

Youre saying on one hand, an inheritance tax wont limit the investments and savings and working potential of someone before their death

Yet...

not to any meaningful degree, you just choose a rate of tax which wont cause capital flight to any serious measure

say i only had a 2% inheritance tax, is that REALLY going to make you work less hard

I can assume one of your reasons why you support it is because layabout sons and daughters will inherit and wont be incentivized to work , invest etc

of course not

so there are tax rates that will have barely any impact on your working decisions

ye thats one reason

Thats an inherent contradiction, but besides that, will you at least acknowledge that if you had an estate tax of some magnitude, the least well off would foot a grand portion of the bill

Since they least know how to avoid this tax

the vast majority of people arent working to get an inheritance, theyre working so *they have enough to live off during their retirement*

An inheritance certainly helps especially paying for funeral expenses

At the very least

no i dont acknowledge that, because the least well off *DONT HAVE ANY FUCKING INHERITANCE*

80K a year

I just showed you