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People think that they're taxing the mega rich, and getting a benefit... NO! That's not what happens.

Here's what happens:

  • The mega rich hide their money, and don't pay inheritance taxes.

  • The moderately successful, low-figure millionaires are the ones that have to pay inheritance taxes. And it's stupid because: A) They're being double-taxed. B) The mega rich acquire their assets.

So, in effect, inheritance tax transfers wealth to the mega rich, and big corporations. When a farmer's kids have to sell the farm to pay inheritance tax, the people on the lower end of society don't beneft. The farm is going to by scooped up by mega corporations, who will then tighten their control on society. It doesn't have a benefit to the plebs.

People think that they're taxing the mega rich, and getting a benefit... NO! That's not what happens. Here's what happens: - The mega rich hide their money, and don't pay inheritance taxes. - The moderately successful, low-figure millionaires are the ones that have to pay inheritance taxes. And it's stupid because: A) They're being double-taxed. B) The mega rich acquire their assets. So, in effect, inheritance tax transfers wealth to the mega rich, and big corporations. When a farmer's kids have to sell the farm to pay inheritance tax, the people on the lower end of society don't beneft. The farm is going to by scooped up by mega corporations, who will then tighten their control on society. It doesn't have a benefit to the plebs.

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[–] • 1 pt

yes, this, and to those who say things like, what about the roads? Ask them how churches are funded? All through voluntary donations and there are tons of them all around trying to do good for their communities. Why can't governments function in a similar way? it doesn't have to be taken with the force of violence. If being a citizen was so great, and the service provided was valuable, people would be happy to pay, at least then the government would be incentivized to make sure it's citizens prospered, unlike now where they get paid whether people are happy or not.