Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by RcouF1uZ4gsC on Monday July 26, 2021 @02:41PM
(#27963430)
> As for not working as hard, plenty of rich people have recently declared the majority of their wealth won't go to their children.
A lot of them are actually putting the wealth into foundations that their children will end up controlling. I believe Warren Buffet has done that.
So even though their children might not have all that wealth outright, they still have the influence and wealth that comes from control of that wealth through the foundations.
A lot of them are actually putting the wealth into foundations that their children will end up controlling. I believe Warren Buffet has done that.
So even though their children might not have all that wealth outright, they still have the influence and wealth that comes from control of that wealth through the foundations.