FantasticalEconomics,
@FantasticalEconomics@geekdom.social avatar

Say it with me folks, inheritance tax.

We are entering into "the great wealth transfer" where about $5.2 trillion (that's the one with more zeros than I can count) is about to pass from the, largely undeserving, super rich to their entirely undeserving heirs.

"Research by Forbes magazine found there were 15 billionaires aged 30 or under but that none had created their own wealth, instead benefitting from huge inheritances."

https://www.theguardian.com/business/2024/apr/03/all-billionaires-under-30-have-inherited-their-wealth-research-finds

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