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A comment on Evidence on Poverty Traps from Rural Bangladesh [pdf]. Parent comment

Re:Evidence on Poverty Traps from Rural Bangladesh [pdf] by ModernMech on Tuesday December 29, 2020 @10:21AM (#25570530)
Estates are taxed at 0% up to $11 million dollars in the US. Moreover, that upper bound is indexed to inflation, unlike the minimum wage. I wonder why that is...
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Re:Evidence on Poverty Traps from Rural Bangladesh [pdf] by jayski on Tuesday December 29, 2020 @10:31AM (#25570643)
this is true, and 11 million dollars is a LOT of money. Id retire tomorrow if I had that kind of money.

But inheritance tax is 40% above that.

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