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Re:Why is the stock market rallying when the economy is so bad? by jusssi on Monday May 11, 2020 @05:07AM (#23140219)
The problem with high inheritance tax is that it only hurts the rich when it catches them off guard. In otherwise free economy there are so many legal ways to circumvent inheritance tax for the lowest rate tax that is available.
Re:Why is the stock market rallying when the economy is so bad? by mcv on Monday May 11, 2020 @07:39AM (#23141043)
That's true. My point is just that inheriting massive fortunes is a problem because it keeps wealth concentrated across generations. But there are so many loopholes around inheritance that it's not trivial to address this.