Current Events > Is inheritance fair?

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pure_temper
03/03/21 10:53:05 PM
#52:


If someone gets inheritance they should be expected to be a humanitarian and wise sage like Russell Brand

or else well take it lmao

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The Trent
03/03/21 10:54:01 PM
#53:


Who is more entitled to your shit than your kids? They have to put up with your shit their entire lives

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Prismsblade
03/03/21 11:20:24 PM
#54:


Sort ansew, no, but neither is life as a whole so cry me a river.

People demanding a tax or sorts are just hoping for a decent chunk of the pie but in reality our welfare state is so crazy expansive already that they wont ever see or notice a dime of it.


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emblem boy
03/03/21 11:21:46 PM
#55:


Graycap posted...
Obviously it's not fair, but a lot of perfectly legal things aren't fair. Most people want to be able to leave their wealth to their family. They earned the money, they want to be able to use it as they please.

That said, I don't want to hear about "personal responsibility" from anyone who gives a bunch of money to their kid just for existing, or from the kid who got it.


Pretty much.
I also have no issue with a fairly high estate tax
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Suikoden420
03/03/21 11:22:52 PM
#56:


Yes inheritance is fair and should not be taxed. What kind of dumb shit is this?

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JoeRodonExprien
03/03/21 11:24:34 PM
#57:


Suikoden420 posted...
Yes inheritance is fair and should not be taxed. What kind of dumb shit is this?

So a whole lineage of people should just be rich forever because someone was successful decades ago?
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eggcorn
03/03/21 11:25:19 PM
#58:


The_Creep_2020 posted...
Is a man not entitled to the sweat of his brow?

No, says the cat girl avatar on Twitter, it belongs to everyone.
lol

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Suikoden420
03/03/21 11:31:56 PM
#59:


JoeRodonExprien posted...
So a whole lineage of people should just be rich forever because someone was successful decades ago?

I'm thinking about this from a middle class perspective because thats where most people fit into, and that's where the burden will fall. The ultra rich are going to find ways around a tax, either find a loop hole or create one, move assets to a lenient country etc.

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emblem boy
03/03/21 11:37:29 PM
#60:


Suikoden420 posted...
JoeRodonExprien posted...
So a whole lineage of people should just be rich forever because someone was successful decades ago?

I'm thinking about this from a middle class perspective because thats where most people fit into, and that's where the burden will fall. The ultra rich are going to find ways around a tax, either find a loop hole or create one, move assets to a lenient country etc.


I mean, estate tax currently only applies to wealth over like 11 million
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Bio1590
03/03/21 11:40:20 PM
#61:


Suikoden420 posted...
I'm thinking about this from a middle class perspective because thats where most people fit into, and that's where the burden will fall.

lmao our generation is going to have shit fuck all to pass on to our kids.
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Payzmaykr
03/03/21 11:41:15 PM
#62:


Actually yeah. An Everyman can have a few million.

having a few million doesnt make you elite (trust me)
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AtelierRyza3462
03/03/21 11:49:11 PM
#63:


How is it not fair?
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Monolith1676
03/03/21 11:53:28 PM
#64:


The thought is a typical millenial mentality. "Well if I don't have rich parents to give me a lot of money when they die, then no one should get money when their parents die."

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pure_temper
03/03/21 11:54:02 PM
#65:


down with the false gods

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Galliumtheone
03/04/21 12:00:08 AM
#66:


What's to stop rich people from just signing over their money to their kids as they start to age or when they're sick/on their death bed? How's that any different?
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Azzblaster69000
03/04/21 12:46:36 AM
#67:


I'm more curious what TC thinks should be done with the riches left behind. Given out to other people?
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#68
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pure_temper
03/04/21 1:01:34 AM
#69:


Spooking posted...
It's your work/money/art/ect... and you decide what you wish to do with it - including who to pass it onto upon your death.

yeah and if 99.9999% people on earth agree that there should be a cap on riches bequeathed via birth right, thta's okay too lmao

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008Zulu
03/04/21 1:08:42 AM
#70:


We are all born the same, but we are not all equal. Some are born to better circumstances, that's life, it's been that way since the first humans climbed down from the trees. Stop worrying about how much others have, and focus on increasing what you do.

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ShyOx
03/04/21 1:13:55 AM
#71:


Its the authors and the people who made the money to make sure their kids arent morons and spoiled brats. If I ever get one my kids are not getting the empire; theyre getting all the opportunities I never had and Ill do my best to make sure theyre driven enough to use them. But nah my money is going to something worthwhile if its a large amount, not to spoiled kids. Theyll be confortable and not have to worry but thats it.

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Galliumtheone
03/04/21 1:17:41 AM
#72:


008Zulu posted...
We are all born the same, but we are not all equal. Some are born to better circumstances, that's life, it's been that way since the first humans climbed down from the trees. Stop worrying about how much others have, and focus on increasing what you do.

Well put.
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pure_temper
03/04/21 1:18:32 AM
#73:


We can focus on increasing our own standing of life, after we bolster safety nets by taxing the extremely ultra wealthy a bit more.

What the fuck are they gonna do? Flee to Mars?

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Questionmarktarius
03/04/21 1:37:22 AM
#74:


pure_temper posted...
What the fuck are they gonna do? Flee to Mars?
Well, right after the Moon Tax kicks in.
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pure_temper
03/04/21 1:37:45 AM
#75:


Questionmarktarius posted...
Well, right after the Moon Tax kicks in.

watch Elysium

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Orlando_Jordan
03/04/21 1:39:37 AM
#76:


Imagine your rich father dies, and then the government takes all his money and gives it away to other people who then buy PS5s at scalped prices on ebay.

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Questionmarktarius
03/04/21 1:39:59 AM
#77:


pure_temper posted...
watch Elysium
That's the "Wall-E for adults" film, right?
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Doe
03/04/21 1:40:33 AM
#78:


Inheritance is fine, the issue is how the money was originally gained.

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pure_temper
03/04/21 1:40:44 AM
#79:


Questionmarktarius posted...
That's the "Wall-E for adults" film, right?

that's right but technologically would be fairly accurate :) that's about the only level of tech that the rich could try to actually escape with

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UnholyMudcrab
03/04/21 1:42:03 AM
#80:


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MedeaLysistrata
03/04/21 1:42:08 AM
#81:


Questionmarktarius posted...
That's the "Wall-E for adults" film, right?
I lold

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Lorenzo_2003
03/04/21 1:52:05 AM
#82:


pure_temper posted...
No it isnt beyond a set amount like a couple million

Lol, let me guess. You and your friends will use your divine wisdom to decide what that specific amount is?

Some of you guys are very generous with other peoples money.

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pure_temper
03/04/21 1:58:03 AM
#83:


Lorenzo_2003 posted...
Lol, let me guess. You and your friends will use your divine wisdom to decide what that specific amount is?

Some of you guys are very generous with other peoples money.

why are you supporting Bezos

you'll never be him

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Questionmarktarius
03/04/21 2:01:06 AM
#84:


In any case, the general trend is for someone who inherits a large pile of wealth to tend to be very bad at handling money, thus that wealth redistributes itself in a bizarre variant of trickle-down that the reaganomists never expected.
The trust-fund kid buying a Lamborghini is money for the lambo workers, who then buy stuff from other companies whose employees buy stuff, and so on and so on, all the while creating revenue streams for various jurisdictions along the way.

Were that inheritance just taken by a central government, it would almost certainly be corrupted away to someone's cousin's construction company, for some pork project nobody but that cousin actually wanted.

pure_temper posted...
that's right but technologically would be fairly accurate :)
I'd still say that Idiocracy is by far the mostly likely dystopian fiction to actually happen.
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pure_temper
03/04/21 2:03:21 AM
#85:


Questionmarktarius posted...
I'd still say that Idiocracy is by far the mostly likely dystopian fiction to actually happen.

to be clear I don't think any of those will happen. I think roughly Interstellar will happen.

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Questionmarktarius
03/04/21 2:06:07 AM
#86:


pure_temper posted...
to be clear I don't think any of those will happen. I think roughly Interstellar will happen.
Star Trek is likely inevitable, but we have to solve scarcity first.
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pure_temper
03/04/21 2:09:19 AM
#87:


Questionmarktarius posted...
Star Trek is likely inevitable, but we have to solve scarcity first.

can be done w/ tech we have today including Boston Dynamics

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UnholyMudcrab
03/04/21 2:12:27 AM
#88:


pure_temper posted...
can be done w/ tech we have today including Boston Dynamics
I didn't know they made replicators

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Questionmarktarius
03/04/21 2:18:20 AM
#89:


UnholyMudcrab posted...
I didn't know they made replicators
we can supposedly 3d-print a steak now, which is a baby step in that direction.
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pure_temper
03/04/21 2:20:28 AM
#90:


Questionmarktarius posted...
we can supposedly 3d-print a steak now, which is a baby step in that direction.

and vertical farms

https://www.forbes.com/sites/johnkoetsier/2020/11/20/this-2-acre-vertical-farm-out-produces-750-acre-flat-farms/

solve world hunger in < 10 years with these

and Starlink, solar panels, water panels, autonomous cars

all coming into focus now ;)

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TerraSeeker
03/04/21 2:23:13 AM
#91:


Who else would be entitled to make money off it?

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pure_temper
03/04/21 2:24:15 AM
#92:


TerraSeeker posted...
Who else would be entitled to make money off it?

all humans via fair ownership stakes in humanitys greatest brands and most powerful tools

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Galliumtheone
03/04/21 4:06:15 AM
#93:


Orlando_Jordan posted...
Imagine your rich father dies, and then the government takes all his money and gives it away to other people who then buy PS5s at scalped prices on ebay.

Even worse, the people buy up all the PS5s and starts scalping them.
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JoeRodonExprien
03/04/21 3:19:58 PM
#94:


TerraSeeker posted...
Who else would be entitled to make money off it?

No one, it becomes public domain.
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The Trent
03/04/21 3:21:51 PM
#95:


JoeRodonExprien posted...
No one, it becomes public domain.

nah fuck that shit

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Azzblaster69000
03/04/21 3:23:36 PM
#96:


The Trent posted...
nah fuck that shit

This
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chrono625
03/04/21 3:44:59 PM
#97:


JoeRodonExprien posted...
No one, it becomes public domain.

so you want people who get inheritances to not get inheritances cause it isnt fair that they didnt work for it but then redistribute said inheritance to people who didnt work for it either?

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The Trent
03/04/21 3:52:49 PM
#98:


Way to take something you don't like and make it worse tc

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Esrac
03/04/21 3:57:57 PM
#99:


Yes, it is fair.

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JoeRodonExprien
03/04/21 3:58:47 PM
#100:


I mean the conversation has moved on. Books dont make ridiculous money anyway, outside a few exceptions.

Still think its crazy you think its fair that people can become multimillionaires just because their dad died.
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Galliumtheone
03/04/21 4:00:38 PM
#101:


By the way, TC, "fair" is a place where they judge pigs.
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