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Andy McKee: Everybody Wants to Rule the World

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b_sharp3/03/2011 6:39:17 pm PST

re: #255 Killgore Trout

It’s also worth noting that estate tax is very helpful in avoiding an aristocratic class of wealthy families who will reign indefinitely through accumulated wealth. Without the estate tax we’d have dynastic aristocracy like feudal Europe withing a few generations.

I’m glad someone brought that up.

Diminishing the middle class to inflate the poorest class by weighting everything for the richest creates an unhealthy society.