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A comment on New data show that joining the 1% remains unsettlingly hereditary. Parent comment

Re:New data show that joining the 1% remains unsettlingly he... by charrondev on Friday February 03, 2017 @10:08PM (#13565410)
Many people with children that work incredibly hard do so precisely so that their children can live a better life than they did. Removing this motivation would definitely reduce economic activity.
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Re:New data show that joining the 1% remains unsettlingly he... by peteretep on Friday February 03, 2017 @10:24PM (#13565475)
Or they'd simply spend more, which would increase economic activity. And one assumes their children will need to work harder without inheritance, so that work isn't going anywhere.
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