Next generation of billionaires collect more wealth from inheritance than from work, says UBS | Category: General Source
InternetPeon says Steep inheritance taxes were designed to prevent the creative ability of society from atrophy. Now we will evolve into a global aristocracy that owns everything and that is focused purely on rent seeking.
davis214512 says I’m amazed people still do not understand the power of generational wealth. Being born to money means never having to work.
ForgingIron says
But surely not the current generation. Or the last one. Or the one before that. Or…
InternetPeon says
Steep inheritance taxes were designed to prevent the creative ability of society from atrophy. Now we will evolve into a global aristocracy that owns everything and that is focused purely on rent seeking.
timshel42 says
as if any billionaires ‘work’
davis214512 says
I’m amazed people still do not understand the power of generational wealth. Being born to money means never having to work.
Drone30389 says
https://www.reddit.com/r/antiwork/comments/18f8167/apropos/