Comment

Seth Meyers: Trump and Bill O'Reilly Struggle to Sell Tickets for Their Arena Tour

236
sagehen7/20/2021 7:56:32 am PDT

re: #227 No Malarkey!

Inheritance taxes are a good way to break up dynastic wealth, which is why Republicans hate them.

Andrew Carnegie lobbied heavily to get the inheritance tax instituted in the first place. He didn’t expect it to provide ANY federal revenue; his theory was it was a way to get rich people to give away and/or spend it all during their lifetimes, on useful things that would benefit the nation.

In his case it went mostly to libraries and universities; Getty created an awesome museum; Gates is trying to eradicate polio.

The people who are giving everything to their offspring, they’re just selfish greedy shits trying to shove camels through the eye of a needle.