Re:Why Inequality Matters
by humanrebar on Thursday October 16, 2014 @12:31PM
(#8465792)
It's not my grandmother.
I just thought the downvotes were uncalled for. And I think your threshold for what's a reasonable estate is both arbitrary and too low.
$5 million sounds like a lot, but give it a decade. Many family businesses are already valued over $5 million. Should functioning businesses be liquidated because the founder died? Soon, family homes in places like NYC, SF, and DC will be within spitting distance of $5 million. Should the family have to get a new mortgage or move because grandma died?
Besides, I don't have confidence that the general fund of the federal government would better spend that money than someone seeking health and indirectly pouring money into better medical science and technology.
I just thought the downvotes were uncalled for. And I think your threshold for what's a reasonable estate is both arbitrary and too low.
$5 million sounds like a lot, but give it a decade. Many family businesses are already valued over $5 million. Should functioning businesses be liquidated because the founder died? Soon, family homes in places like NYC, SF, and DC will be within spitting distance of $5 million. Should the family have to get a new mortgage or move because grandma died?
Besides, I don't have confidence that the general fund of the federal government would better spend that money than someone seeking health and indirectly pouring money into better medical science and technology.