View Single Post
Old 03-18-2024 | 05:56 PM
  #115  
nene
Gets Weekends Off
 
Joined: Nov 2020
Posts: 2,248
Likes: 107
Default

Originally Posted by rickair7777
FIFY




I know. They would not be not be affected since they didn't inherit their wealth, I'm all for absolutely minimal taxation of earned income.



I'm not suggesting taxing it AFTER it's been inherited.



Agreed. You can pass *some* money down, just not enough to enables dozens of future generations to live off luxuriously off of trust funds, and exercise power and influence while completely disconnected from said socioety.

You should absolutely be able to help your kids through college, help them with a down payment on a home, etc. You could even have an adjustable scale... if your kid(s) are teenagers when you die, they get more than if they're in their 50's. Disabled kids can inherit more, etc, etc.
In your world, WHO get's the money then, and what is done with it? Just curious
Reply