Re:The Inheritance Tax Is Far Too Low
by charwalker on Wednesday June 24, 2020 @12:41PM
(#23630306)
It likely won't inflate the price of apples or whole chickens. It may drive up home prices or create a new market for super luxury vehicles. Consider that some big name billionaires could spend millions per day and not see a dent in their overall fortune. Imagine if you needed to spend $5 million a day, how quickly would you run out of things to buy that isn't collector cars, houses, or private companies?
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