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Yavin4

(35,442 posts)
Thu Nov 2, 2017, 01:39 PM Nov 2017

No estate taxes mean Economic Absolute Monarchial rule

If you eliminate the estate taxes, scions of the uber wealthy will marry other scions, and thus, money will coagulate among a relative few. You want a loan to start a business? You need to ask Johnny Gates-Zuckerberg-Bezos for the money. Or, even worse, the Sam Walton XIV could lead us into a war somewhere.

Democracy is extremely fragile, esp. in the US where money dictates our politics. Imagine if the majority of our money is in the hands of a few families.

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No estate taxes mean Economic Absolute Monarchial rule (Original Post) Yavin4 Nov 2017 OP
The rich can already avoid most estate taxes through the use of trusts... PoliticAverse Nov 2017 #1
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