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CONFISCATE ALL INTERGENERATIONAL WEALTH

we could have a truly meritocratic system by doing this. no ...
Chocolate volcanic crater roast beef
  07/20/20
Confiscation is only part of it. The xenomorph kids are stil...
Comical claret clown
  07/20/20
*runs away*
Internet-worthy dashing persian
  07/20/20
hth
Chocolate volcanic crater roast beef
  07/20/20
doing this in any sort of meaningful way is impossible
Snowy Splenetic Azn
  07/20/20
why not give it a shot?
Chocolate volcanic crater roast beef
  07/20/20
idk some bullshit about people grinding away in biglaw for 3...
Snowy Splenetic Azn
  07/20/20
wouldn't it then discourage people from going this route, an...
Chocolate volcanic crater roast beef
  07/20/20
...
white vibrant forum
  07/20/20
yeah shuffling money around so people can buy more weed and ...
Snowy Splenetic Azn
  07/20/20
Dont your taxes do this already
Chocolate volcanic crater roast beef
  07/20/20
yeah so how does squeezing a few million out of a bunch of J...
Snowy Splenetic Azn
  07/20/20
who in their right mind gets a JD today. as long as you're n...
Chocolate volcanic crater roast beef
  07/20/20
cr the aristocratic class would rather blow up the system th...
Heady puce base
  07/20/20
I'm for this
mewling pale home
  07/20/20
180 cr
provocative windowlicker
  07/20/20
the problem arises when someone with higher-than-average mer...
Indecent Overrated Queen Of The Night Theatre
  07/20/20
convert the wealth to cash and burn it. watch inflation no...
Aqua disrespectful orchestra pit sweet tailpipe
  07/20/20
most of the wealth is in private illiquid investments such a...
Boyish mischievous theater stage
  07/20/20
This would mostly affect boomers so what are we waiting for
Chocolate volcanic crater roast beef
  07/20/20
yea sure YOU'RE a big brained retard, and I'M a big brained ...
Indecent Overrated Queen Of The Night Theatre
  07/20/20
good luck with that i'll just fund my kid's startups from...
Boyish mischievous theater stage
  07/20/20
CR. Even if they somehow restricted transferring wealth to ...
Violent heaven
  07/20/20
yep. lots of that happening already in NYC. and don't get...
Boyish mischievous theater stage
  07/20/20
what's the point of this? and raising startup money isn't r...
mauve brunch
  07/20/20
cr. there would be an infinite number of avoidance schemes. ...
aromatic newt
  07/20/20
nationalize it. kid starts from scratch
Chocolate volcanic crater roast beef
  07/20/20
libs, pls respond
marvelous market useless brakes
  07/20/20
we don't need teachers and car salesman putting together GRA...
chartreuse multi-colored hospital
  07/20/20
YES
startling community account mood
  07/20/20
lol
Orange Wagecucks
  07/20/20
(authoritarian thug)
Galvanic Boltzmann Casino
  07/20/20
No one is against this. Wealthy elites incite riots about r...
Beta rambunctious hissy fit national
  07/20/20
...
startling community account mood
  07/20/20
This is almost entirely a made up problem. Third generation...
Violent heaven
  07/20/20
...
motley church
  07/20/20
just start with a modest 1% tax on wealth over $10m. also...
aromatic newt
  07/20/20
...
Vivacious voyeur
  07/21/20
tick tock Upset Jew
Mahogany cuckoldry rehab
  07/20/20
I support this for him and RSF only
Bateful rough-skinned site
  07/20/20
make these fucks run to Saudi if they wanna keep their money
mauve brunch
  07/20/20
Gas yourself commiefag
Bright chapel
  07/20/20
http://www.threefolding.org/download/2006-11-001.pdf jus...
Contagious brindle resort
  07/20/20
Can't you get around this by buying physical gold or somethi...
aphrodisiac tripping mental disorder becky
  07/20/20
theres no meritocracy though. the entire millennial economy ...
Hyperactive corner chad
  07/20/20
a lot of temporarily embarrassed captains of industry ITT
Chocolate volcanic crater roast beef
  07/20/20
(actual captain of industry)
Hyperactive corner chad
  07/20/20
...
Chocolate volcanic crater roast beef
  07/20/20
...
Snowy Splenetic Azn
  07/20/20
More like a guy with family money and few skills to replicat...
concupiscible institution
  07/21/20
ghastly
Chocolate volcanic crater roast beef
  07/21/20


Poast new message in this thread



Reply Favorite

Date: July 20th, 2020 11:49 AM
Author: Chocolate volcanic crater roast beef

we could have a truly meritocratic system by doing this. no more worthless trust fund turds skating through life destroying what is good&true. they'll have to work like everyone else

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40634675)



Reply Favorite

Date: July 20th, 2020 5:27 PM
Author: Comical claret clown

Confiscation is only part of it. The xenomorph kids are still going to take all the good jobs. What's your plan for that?

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636063)



Reply Favorite

Date: July 20th, 2020 11:52 AM
Author: Internet-worthy dashing persian

*runs away*

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40634694)



Reply Favorite

Date: July 20th, 2020 1:53 PM
Author: Chocolate volcanic crater roast beef

hth

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635265)



Reply Favorite

Date: July 20th, 2020 1:54 PM
Author: Snowy Splenetic Azn

doing this in any sort of meaningful way is impossible

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635268)



Reply Favorite

Date: July 20th, 2020 1:55 PM
Author: Chocolate volcanic crater roast beef

why not give it a shot?

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635272)



Reply Favorite

Date: July 20th, 2020 1:56 PM
Author: Snowy Splenetic Azn

idk some bullshit about people grinding away in biglaw for 30 years having their $5M given to the govt to fuck everything up and make it more shitty

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635278)



Reply Favorite

Date: July 20th, 2020 1:59 PM
Author: Chocolate volcanic crater roast beef

wouldn't it then discourage people from going this route, and then encourage them to live more meaningful lives rather than do homework assignments to make some rich boomer partner richer?

isn't that what people want? meaningful, satisfying lives? seems to solve the problem you mentioned tbh

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635288)



Reply Favorite

Date: July 20th, 2020 3:24 PM
Author: white vibrant forum



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635613)



Reply Favorite

Date: July 20th, 2020 4:04 PM
Author: Snowy Splenetic Azn

yeah shuffling money around so people can buy more weed and sneakers will surely give everyone meaning and satisfaction

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635749)



Reply Favorite

Date: July 20th, 2020 5:00 PM
Author: Chocolate volcanic crater roast beef

Dont your taxes do this already

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635954)



Reply Favorite

Date: July 20th, 2020 5:39 PM
Author: Snowy Splenetic Azn

yeah so how does squeezing a few million out of a bunch of JD/MBA/MDs do anything

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636114)



Reply Favorite

Date: July 20th, 2020 7:59 PM
Author: Chocolate volcanic crater roast beef

who in their right mind gets a JD today. as long as you're not a hideous monsterface you can make 500k just doing sales bro

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636811)



Reply Favorite

Date: July 20th, 2020 2:53 PM
Author: Heady puce base

cr the aristocratic class would rather blow up the system than ever allow it

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635472)



Reply Favorite

Date: July 20th, 2020 2:00 PM
Author: mewling pale home

I'm for this

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635291)



Reply Favorite

Date: July 20th, 2020 3:00 PM
Author: provocative windowlicker

180 cr

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635507)



Reply Favorite

Date: July 20th, 2020 3:22 PM
Author: Indecent Overrated Queen Of The Night Theatre

the problem arises when someone with higher-than-average merit ends up collecting higher than average wealth because your society valued merit

what happens when that person has children, is he supposed to give his offspring a decidedly worse life because of some notion of fairness? instead, he should give the extra accumulated resources to some lesser-merited person's child (whom is necessarily lesser-merited)?

i think the grand idea of the pure meritocracy has a one generation limit unfortunately

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635604)



Reply Favorite

Date: July 20th, 2020 3:27 PM
Author: Aqua disrespectful orchestra pit sweet tailpipe

convert the wealth to cash and burn it.

watch inflation nose-dive

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635625)



Reply Favorite

Date: July 20th, 2020 3:30 PM
Author: Boyish mischievous theater stage

most of the wealth is in private illiquid investments such as real estate or in very liquid stocks.

first you have to steal older ppl's private ownership and rental properties to fire sale to kids from the new generation.

then u'll have to grab ppl's shares of stocks in 401ks and investment accounts to fire sale and crash the market.

good luck with both lol



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635641)



Reply Favorite

Date: July 20th, 2020 3:56 PM
Author: Chocolate volcanic crater roast beef

This would mostly affect boomers so what are we waiting for

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635727)



Reply Favorite

Date: July 20th, 2020 3:32 PM
Author: Indecent Overrated Queen Of The Night Theatre

yea sure YOU'RE a big brained retard, and I'M a big brained retard that would do that, but good luck convincing any variant of oomer to go for that

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635648)



Reply Favorite

Date: July 20th, 2020 3:26 PM
Author: Boyish mischievous theater stage

good luck with that

i'll just fund my kid's startups from age 5-10 and run it under his name with a bunch of expert advisors and transfer my wealth to him slowly by picking up the bill for all the costs. not to mention u risk major capital outflows, all the rich ppl will buy property and investments for their kids in international markets like buying rental properties in toronto or some shit and deprive the U.S. of much needed investment and capex.

no government or structure in history was able to stop this. it's easier for america to convert to communism or a monarchy than to enforce wealth transfers to offspring

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635619)



Reply Favorite

Date: July 20th, 2020 3:35 PM
Author: Violent heaven

CR. Even if they somehow restricted transferring wealth to living children, rich bros would just pair off with each other and "hire" each other's kids as consultants. So Guy A pays Guy B's dotter $100K a year for a noshow job, whereas Guy B pays Guy's A son $100K a year for a noshow job, and it turns out Guy A and Guy B both die near penniless. This would be impossible to police.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635660)



Reply Favorite

Date: July 20th, 2020 3:57 PM
Author: Boyish mischievous theater stage

yep. lots of that happening already in NYC.

and don't get me started on start-ups.

"oh i'll fund ur kid with $10mm for his startup and u fund my kid $10mm for his startup". both end up failing out with $8mm of cash. boomers die penniless.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635729)



Reply Favorite

Date: July 20th, 2020 4:20 PM
Author: mauve brunch

what's the point of this?

and raising startup money isn't really "prestigious" unless it's from legitimate VC firms or angels

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635824)



Reply Favorite

Date: July 20th, 2020 3:58 PM
Author: aromatic newt

cr. there would be an infinite number of avoidance schemes. and what about positive intergenerational wealth? should family owned businesses be nationalized every time the patriarch dies?

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635731)



Reply Favorite

Date: July 20th, 2020 6:07 PM
Author: Chocolate volcanic crater roast beef

nationalize it. kid starts from scratch

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636245)



Reply Favorite

Date: July 20th, 2020 4:54 PM
Author: marvelous market useless brakes

libs, pls respond

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635937)



Reply Favorite

Date: July 20th, 2020 3:26 PM
Author: chartreuse multi-colored hospital

we don't need teachers and car salesman putting together GRATs, which they will do if you confiscate their wealth.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635621)



Reply Favorite

Date: July 20th, 2020 3:32 PM
Author: startling community account mood

YES

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635650)



Reply Favorite

Date: July 20th, 2020 3:34 PM
Author: Orange Wagecucks

lol

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635657)



Reply Favorite

Date: July 20th, 2020 3:36 PM
Author: Galvanic Boltzmann Casino

(authoritarian thug)

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635663)



Reply Favorite

Date: July 20th, 2020 3:37 PM
Author: Beta rambunctious hissy fit national

No one is against this. Wealthy elites incite riots about rathithm to distract us from doing this

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635668)



Reply Favorite

Date: July 20th, 2020 3:38 PM
Author: startling community account mood



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635673)



Reply Favorite

Date: July 20th, 2020 3:39 PM
Author: Violent heaven

This is almost entirely a made up problem. Third generation rich people manage to squander money on their own without help from the government.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635680)



Reply Favorite

Date: July 20th, 2020 10:32 PM
Author: motley church



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40637400)



Reply Favorite

Date: July 20th, 2020 4:00 PM
Author: aromatic newt

just start with a modest 1% tax on wealth over $10m.

also capital gains gets treated as ordinary income ALWAYS. ljl that we allow passive investments enjoyed disproportionately by the wealthy to be taxed more favorably than wagecucking.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635735)



Reply Favorite

Date: July 21st, 2020 3:44 AM
Author: Vivacious voyeur



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40638158)



Reply Favorite

Date: July 20th, 2020 4:25 PM
Author: Mahogany cuckoldry rehab

tick tock Upset Jew

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635845)



Reply Favorite

Date: July 20th, 2020 4:35 PM
Author: Bateful rough-skinned site

I support this for him and RSF only

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635887)



Reply Favorite

Date: July 20th, 2020 4:26 PM
Author: mauve brunch

make these fucks run to Saudi if they wanna keep their money

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635852)



Reply Favorite

Date: July 20th, 2020 4:33 PM
Author: Bright chapel

Gas yourself commiefag

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635877)



Reply Favorite

Date: July 20th, 2020 4:40 PM
Author: Contagious brindle resort

http://www.threefolding.org/download/2006-11-001.pdf

just make money perishable. its already an abstract commodity anyway.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635895)



Reply Favorite

Date: July 20th, 2020 5:15 PM
Author: aphrodisiac tripping mental disorder becky

Can't you get around this by buying physical gold or something?

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636010)



Reply Favorite

Date: July 20th, 2020 5:25 PM
Author: Hyperactive corner chad

theres no meritocracy though. the entire millennial economy is crony bullshit.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636055)



Reply Favorite

Date: July 20th, 2020 6:07 PM
Author: Chocolate volcanic crater roast beef

a lot of temporarily embarrassed captains of industry ITT

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636248)



Reply Favorite

Date: July 20th, 2020 6:09 PM
Author: Hyperactive corner chad

(actual captain of industry)

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636255)



Reply Favorite

Date: July 20th, 2020 7:42 PM
Author: Chocolate volcanic crater roast beef



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636690)



Reply Favorite

Date: July 20th, 2020 7:51 PM
Author: Snowy Splenetic Azn



(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636750)



Reply Favorite

Date: July 21st, 2020 4:10 AM
Author: concupiscible institution

More like a guy with family money and few skills to replicate it.

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40638168)



Reply Favorite

Date: July 21st, 2020 5:06 AM
Author: Chocolate volcanic crater roast beef

ghastly

(http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40638192)