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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (7976)12/23/2005 11:36:13 PM
From: TigerPaw  Read Replies (1) | Respond to of 542009
 
Is there no downside of confiscating wealth upon transfer?

I can't think of one. The former owner is dead and won't be missing it. The country as a whole provided the environment where these assets could be assembled and enjoyed for a lifetime.

There are some who say it isn't fair to place a cost on a personal business that may be inherited, but nobody gets to keep even a part of a factory job or salaried employment. Nobody is talking about some total confiscation, that is a strawman argument. It is as I said, a negative feedback stabalizer for society.

TP