this post was submitted on 31 Dec 2024
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[–] hOrni 75 points 3 weeks ago (2 children)

So, what I'm hearing is, we should kill 2 CEOs for every school child.

[–] [email protected] 63 points 3 weeks ago (2 children)

Even at 1:1 we’d be out of billionaires in a couple months.

[–] [email protected] 28 points 3 weeks ago

CEOs hate this one simple trick for preventing school shootings!

[–] [email protected] 1 points 2 weeks ago (1 children)
[–] [email protected] 3 points 2 weeks ago (2 children)

First off, there's an estate tax. Second, it's rare for only one person to inherit everything. Third, the children and next of kin are often not even remotely as bad as the dragons that hoard wealth.

Statistically speaking, 70 percent of inheritances are lost by the second generation. It's then 90% by the third.

[–] [email protected] 5 points 2 weeks ago

Just for pedentasim, most wealth held by the extremely rich is in the form of assets that aren't covered by the estate taxes. This is often by design.

[–] pyre 2 points 2 weeks ago

those dragons that hoard wealth are almost always the children and next of kin in the first place.

[–] Dasus 4 points 2 weeks ago