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A comment on The Greatest Wealth Transfer in History Is Here, with Familiar (Rich) Winners. Parent comment

Re:The Greatest Wealth Transfer in History Is Here, with Fam... by pavlov on Sunday May 14, 2023 @12:08PM (#35938989)
“The government” isn’t a fixed entity. It is what people want to be funded. Wealthy Americans donate enormous amounts of money to entities that would be publicly funded in many other countries: universities, hospitals, concert halls…

Everybody wants to give money to something where they get their name on a wall and the envy of their rich peers. Meanwhile projects that could be more beneficial to society but don’t have the prestige factor languish. An inheritance tax would level the playing field.

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Re:The Greatest Wealth Transfer in History Is Here, with Fam... by bluedevil2k on Sunday May 14, 2023 @02:14PM (#35940005)
Not sure what country you’re from, but here in the US tax money does not efficiently get to these projects “beneficial to society”
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Re:The Greatest Wealth Transfer in History Is Here, with Fam... by pavlov on Sunday May 14, 2023 @04:01PM (#35940919)
That’s something people can change by voting, even in America. The Roosevelt administration allocated tax money very differently from the Hoover administration, for example. Whether the New Deal was beneficial to society could be debated, but enough people believed in the change to keep voting for it.
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