Studying the demise of historic civilisations

Re:Studying the demise of historic civilisations by ars on Tuesday March 05, 2019 @01:18AM (#19308485)

> Make each generation start from scratch

And how do you prevent people from giving gifts? Parents giving their children a gift of money?

And trusts are a thing, so gift tax would not help as much as you would think.

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Re:Studying the demise of historic civilisations by lovich on Tuesday March 05, 2019 @01:34AM (#19308534)

I'd find it much more acceptable if you gave your children your wealth during your lifetime. At least you have to actually give up something rather than passing on all your economic power after you no longer have use for it

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Re:Studying the demise of historic civilisations by lukevdp on Tuesday March 05, 2019 @03:53AM (#19309169)

Then people transfer their wealth just before they die?

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Re:Studying the demise of historic civilisations by gjm11 on Tuesday March 05, 2019 @04:08AM (#19309232)

While there are ways to make sure that the wealth transfer happens "just before they die" (rather than them living on after giving it away), the law tends to frown upon them.

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Re:Studying the demise of historic civilisations by baud147258 on Tuesday March 05, 2019 @04:51AM (#19309416)

And then you'd get laws that limits the wealth that can be given to childrens, like those in France. Yeah for taxes!

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