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Politics : View from the Center and Left

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To: TigerPaw who wrote (10115)1/27/2006 6:52:18 PM
From: TimF  Read Replies (1) of 541472
 
In the end, when the die, they are no longer the owner anyway.

Than the estate would no longer be the owner under your plan. you are still forcing the sale.

And what about a person who owns stock at 18 and lives to 110. Would he still have any of his stock left in your plan? Even if he will I imagine a lot of it will be gone. He is no longer the owner of that.

Even after the first force repurchase the "no longer the owner" applies for those shares that are bought back. You are applying something like eminent domain with each purchase.

By adding a bit of decay to to the notion, no different really than land based property taxes

No very different. People usually don't lose their house in the process of paying their property tax.

Tim
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