[ExI] Donald Trump
Rafal Smigrodzki
rafal.smigrodzki at gmail.com
Wed May 11 17:51:20 UTC 2016
On Tue, May 10, 2016 at 4:08 PM, William Flynn Wallace <foozler83 at gmail.com>
wrote:
>
>
> On Tue, May 10, 2016 at 2:47 PM, Giovanni Santostasi <
> gsantostasi at gmail.com> wrote:
>
>> Samantha,
>> The problem is not the wealth inequality is created by people like Elon
>> Musk. He is the exception. In fact, it would be fine if wealth was gained
>> in this way by creating real value in the world.
>> Most wealth though is in the hands of people that have inherited without
>> any personal merit and the wealth is not used to create further value but
>> for speculation and rent seeking.
>> Look up the research on this. These agents are really parasites on the
>> system.
>> Giovanni
>>
>> If I am not mistaken, Congress got rid of death taxes several years
>> ago. Too bad.
>>
>
>
> ### It didn't and it should have. See here:
http://www.becker-posner-blog.com/2005/05/should-the-estate-tax-go-becker.html
Don't let jealousy cloud your judgment.
I remember I used to be in favor of estate taxes but Becker changed my
mind. It does happen, changing your mind.
Rafał
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