re: #52 albusteve

what’s your take on inheritance taxes?

My take is that currently Florida has none, so I am a bit disinterested, we will have to see what the outcome of Federal legislation is to make it relevant to me. If you have watched the growing disparity in income in this country it has never been worse since 1928, it really has gotten out of bounds. I’m all for private business and their right to make capital, I’m not quite so fond of publically held companies making a tiny minority mega-millionaies while still adding to their wealth annually.

If the government manages to set reasonable rates to tax what is passed on by the current generation of multi-millionaires I wont cry over it. Family inheritence is great, but it shouldn’t gurantee you instant billionaire status, you didn’t earn any of that money did you?