News for hackers. Stuff that matters.
Re:The Greatest Wealth Transfer in History Is Here, with Fam... by fhd2 on Sunday May 14, 2023 @10:27AM (#35938261)
If you spend that money you pay VAT. The company you paid pays their employees, who pay income tax. Whenever money exchanges hands, it's taxed - pretty much.

Seems fair to me, though as a father working to leave something for my kids, I fully understand the sentiment. In Germany, children already pay inheritance tax starting at 400k EUR (half a house where I live).

There are no comments on this comment yet.