this post was submitted on 17 Jul 2023
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[–] PenguinJuice@kbin.social 39 points 1 year ago (1 children)

Keep up the good fight!!

Superyachts are an insult.

Even more insulting is that this person is an "heir" to the money. Fuck them. Inheritance tax should be very, very high.

[–] afraid_of_zombies@lemmy.world 4 points 1 year ago

The only single argument I ever once heard against the inheritance tax being really high that I thought was worth anything: in theory if all your wealth was tied up in hard assets that can't be easily divided up you could inherit a debt. The example was a farm. Which even then it is a fixable problem for that one edge case, just make it so if it is a farm you can spread payments out instead of all at once.