Message from @Dr.Cosby
Discord ID: 613585292271681566
and unmeritocratic
You shouldn’t be taxed for a death lol
i agree, you shouldnt
Your fathers income was already taxed
Its a double taxed income
if you donate your money to a cause upon your death, dont tax it
Donate to what
if you give your money to individuals, like family members, tax it
Some massive company
no
charity
or a company if you really wanted to
Most charities are a scam
You really think tax accountants arent going to find a way around this?
im sure some of them will
I will steal Green’s money!
I swear you won’t survive
your 40-50 year old parents were surviving just fine before they received free money from inheritance
I can assure you people will work less and slow down economic growth if they know theyre going to give away a significant portion of their income to the government to buy votes in inner city slums with housing projects
i can assure you, the people you're talking about wont work less
youre not talking about normal 60 year olds
who will barely have any inheritance to give away anyway
youre talking about the ultra wealthy
and these people are addicted to power and capital accumulation
If the inheritance is of a certain very high limit sure it could be taxed
The ones who pay 80% of US taxes right?
But for 95% of people it shouldn’t be
and guess what
theyll spend more in the real economy
because they cant pass it on as easily
but also, im not talking about 80% inheritance tax dude
this isnt expropriation we're discussing
we're talking about a reasonably sized tax
Wealth would be accessed other ways
so yes, they still pass on their wealth, but we get a piece of the pie
No, im talking about the ultra wealthy
so am i
Who pay 80% of the taxes
If a person dies without any heirs then they wealth could be seized by the gov