Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Arriemoller
on 24/04/2021, 00:38:15 UTC
Taking stuff away from successful people to give it to less successful people is called socialism. Just because you can beat someone up and take their money doesn't mean it's a good way to run a society. It's immoral and has never worked in any country that has tried it. It doesn't help the poor people, it just hurts the rich people. Poor people will always be poor because they don't know how to be rich or are just unmotivated.

And what about generational wealth, you cool with putting a tax on "dead" money (when someone uber rich dies)?

Or is successful a term that applies to anyone you are associated with, no matter what they did to generate that success?

Sweden abolished the inheritance tax because it gave very little in tax revenue and hinders generational build up of wealth among the common people and the handing over of businesses to the next genertion, the rich could pass on their wealth anyway through clever tax planning.