Kaepsknee
Active poster
“Though rising total spending on the old is justified, a full-scale gerontocracy is not. Retirees with deep pockets do not need public handouts. On the contrary, they should bear a heavier burden as taxes shift from wages, towards property, inheritance and consumption.”
Time to stop engaging in this fantasy about lowering taxes when you have a society filled with old fuckers living on entitlements. The olds are too numerous and too wealthy overall not to be paying more.
So you believe that people should be taxed even more again when inheriting property or other assets that were ultimately paid for with after tax dollars in the first place.
Brilliant.
Assuming you’re talking about some sort of “fairness” concept, it should be pointed out that the appreciation on these assets was never taxed and that large estates are primarily composed of appreciated assets.
You didn’t build that Business POTD.