• Drewfro66
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    1 year ago

    Ultimately, while they deserve it, high inheritance taxes on the Petite Bourgeoisie are not the goal; it’s very high inheritance taxes on the super-rich. If a man with a billion dollars dies, 950 million (if not more) should go to the government.

    • Quokka@quokk.au
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      1 year ago

      Only an idiot would argue for a flat tax. So that’s not an issue here.

      • MelonTheMan@lemmy.world
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        1 year ago

        I think low/no inheritance tax on the first X (50 mil for example) amount of assets/money, then the rest goes to gov is what he’s saying.

        It would phase out billionaires in a naturalish fashion if executed correctly.