By Mitchell McCluskey, CNN (CNN) — Spanish environmental activists spray-painted a superyacht moored in Ibiza on Sunday. Activists from the environmental group Futuro Vegetal posted a video showing them standing in front of the superyacht named Kaos, holding a banner that says: “You Consume Others Suffer.” The activists then sprayed the vessel with red and
Ultimately, while they deserve it, high inheritance taxes on the Petite Bourgeoisie are not the goal; it’s very high inheritance taxes on the super-rich. If a man with a billion dollars dies, 950 million (if not more) should go to the government.
Ultimately, while they deserve it, high inheritance taxes on the Petite Bourgeoisie are not the goal; it’s very high inheritance taxes on the super-rich. If a man with a billion dollars dies, 950 million (if not more) should go to the government.
Only an idiot would argue for a flat tax. So that’s not an issue here.
I think low/no inheritance tax on the first X (50 mil for example) amount of assets/money, then the rest goes to gov is what he’s saying.
It would phase out billionaires in a naturalish fashion if executed correctly.