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

To: combjelly who wrote (576718)7/18/2010 1:45:04 AM
From: i-node3 Recommendations  Read Replies (3) | Respond to of 1570293
 
It is a useful tool to reduce the tendency for wealth to concentrate in fewer and fewer hands.

As usual you have no idea what you're talking about.

There is no evidence the estate tax does anything about this, whatsoever. Prior to the estate tax there were wealthy families. And there have been wealthy families since its inception (You might want to have a look at the Kennedys as one example).

One more subject you know less than nothing about.



To: combjelly who wrote (576718)7/18/2010 4:28:03 AM
From: Tenchusatsu1 Recommendation  Read Replies (3) | Respond to of 1570293
 
CJ, > It is a useful tool to reduce the tendency for wealth to concentrate in fewer and fewer hands.

Why not just have a wealth tax then? Penalize those who hoard wealth. Or sit on valuable property.

Gotta keep money moving, as SilentZ says. But wait, isn't money taxed only when it moves?

Tenchusatsu


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