By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Viper1 said:
fordy said:
Viper1 said:

Then please enlighten us on how to equalize the opportunity of everyone at birth.

I think you misunderstood me. What I mean is that yes you're right. It is practically impossible without shifting toward socialism/communism. However, that doesn't mean a 100% estate tax isn't a step in the direction towards equality. I'm saying it helps, provided that the wealth goes towards ingenuity and not just to another who wishes to sit on their ass all day living off workers.

On paper, the concept sounds nice but in practice, it never works.   There is also the question of authority.  Who truly has the right to physicaly take the wealth and property of someone else just because their parents did well in business?  Who has that right?  

Further, what level fo wealth is to be considered the cut off point?  If a mother and father die poor but with no more than $5,000 in the bank, is that money to be taken by the state instead of being inhereted or even willed to their child?   If not $5,000, then how much?   How do you decide what level is fair?   If it is $50,000, what do you do with someone that inherits $49,999.99?   

And who do you distribute it too?   Do you see how complex and unfair this suddenly becomes?

You answered your own question there. THEIR PARENTS did well in business. Unless the parents have some way of taking their wealth with them in the afterlife, whos to say it belongs to the undeserved? At least the society is what got them to such a status, shouldn't society get it back after the deceased have had a good life?

100% means 100%. It's not discriminatory. You die, it's no longer yours.