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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (251693)	9/17/2005 9:12:41 AM
From: 10K a day	Read Replies (1) \| Respond to of 1574258

I hope u get it dude. I hope u get whatever u want.

To: RetiredNow who wrote (251693)	9/17/2005 9:25:08 AM
From: combjelly	Read Replies (3) \| Respond to of 1574258

"If I had $10 or $20 million, I think I'd live a life of indolence as well." Nothing wrong with that. But I wager you would have much of it invested. With that much money, you would also be in a position to risk some of it, say in a venture capital fund. So it would be quite possible to multiply that money several times over your lifetime without you having to "work". And that is ok, those sort of investments add a lot of value to society. Owning expensive works of art, or a mansion in Malibu doesn't. Paris Hilton with an diamond engagement ring sporting a diamond so big that the weight of it hurts her finger doesn't either. So, under the Elroy Proposition, if your children use their inheritance to buy expensive geegaws and fancy houses then your grandkids would be SOL. If your kids invest in society, then your grandkids would be set, although probably not quite as well off as their might have been if estate taxes of all kinds were eliminated.