Re:Gates Makes Largest Donation Since 2000 with $4.6B Pledge
by Retric on Wednesday August 16, 2017 @08:52AM
(#15027044)
That's with a long history of estate taxes and strong economic growth. Also, if you look at Americans with 10+ billion far more than 12% inherited their money.
The US has been stagnating with lower GDP growth rate over time which will likely change these numbers. Because the low % of inhered wealth is mostly due to large numbers of new wealthy not children of the wealthy losing their money. http://www.lagunabeachbikini.com/images/2014/economy/RGDPgro...
The US has been stagnating with lower GDP growth rate over time which will likely change these numbers. Because the low % of inhered wealth is mostly due to large numbers of new wealthy not children of the wealthy losing their money. http://www.lagunabeachbikini.com/images/2014/economy/RGDPgro...