News for hackers. Stuff that matters.

A comment on Coronavirus Is Making Universal Basic Income Look Better. Parent comment

Re:Coronavirus Is Making Universal Basic Income Look Better by spaced-out on Saturday May 16, 2020 @04:51AM (#23201674)
So you're in favor of eliminating inheritance? Obviously it is unfair how we're depriving rich kids of this struggle they innately need.
[ Parent | on HN ]
Re:Coronavirus Is Making Universal Basic Income Look Better by luckylion on Saturday May 16, 2020 @12:02PM (#23204542)
I am, at least partially, via progressive inheritance tax.

Improving the chances for success for your offspring is an innate desire, removing the ability will affect people's motivation to contribute beyond a certain point. A tax on inheritances will allow you to improve your children's life while removing the wealth if a family chooses not to work for a few generations, thus motivating contribution beyond "I exist and I inherited money".

[ Parent | on HN ]
Re:Coronavirus Is Making Universal Basic Income Look Better by unishark on Saturday May 16, 2020 @05:18AM (#23201838)
Why limit your snark to rich kids? Just rob everyone blind whether they earned it or not.

Either way though, it might impact motivation negatively.

[ Parent | on HN ]