Re:The Inheritance Tax Is Far Too Low
by JamesBarney on Wednesday June 24, 2020 @12:35PM
(#23630163)
It's a recipe for increased inflation by increasing money velocity marginally. Not hyper inflation.
Of all the money being transferred per year, little of it is transferred via inheritance. And and even smaller amount of the total money transferred via inheritance is above $10 million range. So maybe you'd see a 0.1% or 0.01% tick up in inflation.
Setting inheritance rats at 100% above 21 million is a silly idea, but not because of a risk of hyper inflation.
Of all the money being transferred per year, little of it is transferred via inheritance. And and even smaller amount of the total money transferred via inheritance is above $10 million range. So maybe you'd see a 0.1% or 0.01% tick up in inflation.
Setting inheritance rats at 100% above 21 million is a silly idea, but not because of a risk of hyper inflation.