So in another thread, there was a somewhat common mention of Inherited Wealth, and how bad and undeserved it is, and that it's a cause for our progressive tax system (idea apparently being most rich never worked for their money, it seems).
So I ask you, those who hate inherited wealth, would you support a system where 100% of your assets are claimed by the State upon your death? If inherited (unworked for) wealth is such a problem, and the basic argument behind it is that the inheritor has no right to the labors of their mother/father/uncle/whatever, would you want it repossed and redistributed?
Just curious, because it seems like a very all or nothing idea. Either a person has a right to pass on his accumulated posessions to his progeny, or he has no right to do so. There really isn't alot fo room for "half rights".
So where do you stand on inherited wealth policy? Confiscate and Redistribute, or those assets are theirs to pass on as they see fit?
[QUOTE=bitonti;4115565]you can believe that [B]but it's not really true[/B]. they are people you are a different people.[/QUOTE]
Mother Nature screwed the pooch with that whole "sex-drive-to-carry-forth-your-gene-pool/mate-for-life-to-ensure-best-outcome-for-progeny thinger, huh?
Seriously, the pool of one-sided absolutes you wade in, wow.
You could always bequeath your wealth to the charity of your choice.
[QUOTE=pauliec;4115634]The inheritance tax is legalized robbery -- state-sponsored grave robbing.[/QUOTE]
Agreed. You should see the hoops I have to jump through to ensure any inheritance or insurance monies are entrusted to my disabled daughter and prospective caregivers. All in order to allow for her to receive her care and avoid being taxed. Pathetic.