How to get rich in 2025: Forget career. Today inheritance is what matters (economist.com) 6 points by contingencies 1y ago ↗ HN
[–] NotGMan 1y ago ↗ Assume that inheritance taxes were raised: Why would anyone be incentivized to work more since their kids won't get any of it.Destroys all incentives to work more. People will just move to countries/states with less tax. [–] leejoramo 1y ago ↗ There is a long distance between a 0% and 100% rise in a tax.It sounds like you are saying the only reason to work is so that your children will never have to work. [–] bn-l 1y ago ↗ Also will the government spend an inheritance better than a person’s children?
[–] leejoramo 1y ago ↗ There is a long distance between a 0% and 100% rise in a tax.It sounds like you are saying the only reason to work is so that your children will never have to work.
5 comments
[ 1.2 ms ] story [ 30.6 ms ] threadDestroys all incentives to work more. People will just move to countries/states with less tax.
It sounds like you are saying the only reason to work is so that your children will never have to work.