I've always been for inheritance taxes, but recently my parents revealed what I stand to inherit if they pass away. It's not a big amount but it just made me realize how strong the desire to protect property is, because all of a sudden I'm debating with myself if the inheritance tax is good or not, when previously I was like we should have a 100% tax on inheritance.

I read this article on Forbes that millenials stand to inherit $68 trillion from boomers when they all die, of course 90% of that will go to the 1%, but still a sizeable amount will go to sizeable number of people. So I'm really confused now because even Bill fuckin Gates says we need an inheritance tax, how do I have an even more bougie mentality than that parasite??

  • DJWalnut [she/her]
    ·
    4 years ago

    you don't pay any federal inheratence tax on the first several million you pass down. fuck it, make it 100% over $150k/person