We live in a democracy, but elites still have enough say that something like an 100% inheritance tax is effectively off the table.
I think you might also need to write the law so that people could choose to inherit debt on the same terms as their parents. Otherwise, couldn't the bank demand a higher interest rate as a way to force someone off of their property? How does this sort of thing work currently?
> I think you might also need to write the law so that people could choose to inherit debt on the same terms as their parents.
I assumed that this was already the case.
quick e: Yeah, seems like this is already law "Under federal law, lenders must allow family members to take over a mortgage when they inherit residential property"
[0] https://www.thebalance.com/what-happens-to-your-mortgage-whe...
It’s my theory that the less words you can use to make an argument, the more powerful it is.