Personally, I don’t care how much someone accrues in their life. I do think there should be a cap on inheritance. Peg that cap to some multiple of the minimum wage, let’s say 1million, then if billionaires want to pass on more than $7.25 million they need to raise the minimum wage.
Personally, I don’t care how much someone accrues in their life. I do think there should be a cap on inheritance. Peg that cap to some multiple of the minimum wage, let’s say 1million, then if billionaires want to pass on more than $7.25 million they need to raise the minimum wage.
Tax 'em when they die and move on.