View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TigerPaw who wrote (8062)	12/27/2005 3:52:20 PM
From: Lane3	Read Replies (1) of 542427

if it turns into an enclave of dynasties then the manor house is not far behind. I'm quite sure that I've read that most dynasties are good for only a few generations, at most. Look at all the Brits who sell their manor houses or open them to tourists because they can't afford the upkeep. There are very few who have the wealth to support more than one generation of wastrels. You have to have enough "merits" to at least grow what was left you. And look at the numbers of rich who choose careers. I just found out recently that Anderson Cooper is a Vanderbilt and he has a day job. Look at the Kennedys. I just don't see the trend line or the risk that you do. I'm saying something closer to: The person who receives the inheritance gets more income from the earnings on the estate I put on my systems analyst had and found no practical way to implement that. You need a criterion that can be determined at the time the estate is settled. That's the way we do it now, just tax the estate independent of the lifestyles or industriousness of the heirs. I don't see another feasible way.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next