I feel like, if I died and left a $2 billion estate, my wife and two kids would do very well to inherit $333 million each. The other $1 billion could go to the improvement of the country.
I do rather understand that the Rich want to keep everything “in the family”. I mean, they didn’t get to multi-buzillionaires by being charitable.
But what completely baffles me is how some regular guy with a five-figure income supports repealing the inheritance tax.
Dave Ferro, perhaps you could enlighten me? Or perhaps you’re among the 1%? Or, let’s assume you are. Tell me why the inheritance tax is such a bad idea.
I feel like, if I died and left a $2 billion estate, my wife and two kids would do very well to inherit $333 million each. The other $1 billion could go to the improvement of the country.
I do rather understand that the Rich want to keep everything “in the family”. I mean, they didn’t get to multi-buzillionaires by being charitable.
But what completely baffles me is how some regular guy with a five-figure income supports repealing the inheritance tax.
Dave Ferro, perhaps you could enlighten me? Or perhaps you’re among the 1%? Or, let’s assume you are. Tell me why the inheritance tax is such a bad idea.