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CONFISCATE ALL INTERGENERATIONAL WEALTH

we could have a truly meritocratic system by doing this. no ...
Useless ivory digit ratio reading party
  07/20/20
Confiscation is only part of it. The xenomorph kids are stil...
Black nursing home party of the first part
  07/20/20
*runs away*
Fear-inspiring violet toaster
  07/20/20
hth
Useless ivory digit ratio reading party
  07/20/20
doing this in any sort of meaningful way is impossible
Charcoal out-of-control cruise ship hunting ground
  07/20/20
why not give it a shot?
Useless ivory digit ratio reading party
  07/20/20
idk some bullshit about people grinding away in biglaw for 3...
Charcoal out-of-control cruise ship hunting ground
  07/20/20
wouldn't it then discourage people from going this route, an...
Useless ivory digit ratio reading party
  07/20/20
...
Sickened rose queen of the night
  07/20/20
yeah shuffling money around so people can buy more weed and ...
Charcoal out-of-control cruise ship hunting ground
  07/20/20
Dont your taxes do this already
Useless ivory digit ratio reading party
  07/20/20
yeah so how does squeezing a few million out of a bunch of J...
Charcoal out-of-control cruise ship hunting ground
  07/20/20
who in their right mind gets a JD today. as long as you're n...
Useless ivory digit ratio reading party
  07/20/20
cr the aristocratic class would rather blow up the system th...
Hateful Doctorate Clown
  07/20/20
I'm for this
mahogany stimulating indian lodge
  07/20/20
180 cr
Dark trailer park new version
  07/20/20
the problem arises when someone with higher-than-average mer...
vivacious green cumskin main people
  07/20/20
convert the wealth to cash and burn it. watch inflation no...
Amethyst trip box office
  07/20/20
most of the wealth is in private illiquid investments such a...
multi-colored national security agency parlor
  07/20/20
This would mostly affect boomers so what are we waiting for
Useless ivory digit ratio reading party
  07/20/20
yea sure YOU'RE a big brained retard, and I'M a big brained ...
vivacious green cumskin main people
  07/20/20
good luck with that i'll just fund my kid's startups from...
multi-colored national security agency parlor
  07/20/20
CR. Even if they somehow restricted transferring wealth to ...
180 Chapel
  07/20/20
yep. lots of that happening already in NYC. and don't get...
multi-colored national security agency parlor
  07/20/20
what's the point of this? and raising startup money isn't r...
seedy house kitty cat
  07/20/20
cr. there would be an infinite number of avoidance schemes. ...
Pearly Cowardly Theatre
  07/20/20
nationalize it. kid starts from scratch
Useless ivory digit ratio reading party
  07/20/20
libs, pls respond
cordovan vigorous ceo windowlicker
  07/20/20
we don't need teachers and car salesman putting together GRA...
bipolar burgundy cuck
  07/20/20
YES
Dead principal's office volcanic crater
  07/20/20
lol
Slippery philosopher-king pisswyrm
  07/20/20
(authoritarian thug)
Maroon meetinghouse sneaky criminal
  07/20/20
No one is against this. Wealthy elites incite riots about r...
aqua internal respiration regret
  07/20/20
...
Dead principal's office volcanic crater
  07/20/20
This is almost entirely a made up problem. Third generation...
180 Chapel
  07/20/20
...
Vermilion preventive strike
  07/20/20
just start with a modest 1% tax on wealth over $10m. also...
Pearly Cowardly Theatre
  07/20/20
...
Pale self-centered giraffe
  07/21/20
tick tock Upset Jew
Big son of senegal kitchen
  07/20/20
I support this for him and RSF only
cerebral massive parlour feces
  07/20/20
make these fucks run to Saudi if they wanna keep their money
seedy house kitty cat
  07/20/20
Gas yourself commiefag
effete background story
  07/20/20
http://www.threefolding.org/download/2006-11-001.pdf jus...
Beta Clear Masturbator
  07/20/20
Can't you get around this by buying physical gold or somethi...
Mildly autistic useless brakes
  07/20/20
theres no meritocracy though. the entire millennial economy ...
cyan tanning salon newt
  07/20/20
a lot of temporarily embarrassed captains of industry ITT
Useless ivory digit ratio reading party
  07/20/20
(actual captain of industry)
cyan tanning salon newt
  07/20/20
...
Useless ivory digit ratio reading party
  07/20/20
...
Charcoal out-of-control cruise ship hunting ground
  07/20/20
More like a guy with family money and few skills to replicat...
Talking razzle native coldplay fan
  07/21/20
ghastly
Useless ivory digit ratio reading party
  07/21/20


Poast new message in this thread



Reply Favorite

Date: July 20th, 2020 11:49 AM
Author: Useless ivory digit ratio reading party

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: Black nursing home party of the first part

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: Fear-inspiring violet toaster

*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: Useless ivory digit ratio reading party

hth

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



Reply Favorite

Date: July 20th, 2020 1:54 PM
Author: Charcoal out-of-control cruise ship hunting ground

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: Useless ivory digit ratio reading party

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: Charcoal out-of-control cruise ship hunting ground

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: Useless ivory digit ratio reading party

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: Sickened rose queen of the night



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



Reply Favorite

Date: July 20th, 2020 4:04 PM
Author: Charcoal out-of-control cruise ship hunting ground

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: Useless ivory digit ratio reading party

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: Charcoal out-of-control cruise ship hunting ground

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: Useless ivory digit ratio reading party

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: Hateful Doctorate Clown

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: mahogany stimulating indian lodge

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: Dark trailer park new version

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: vivacious green cumskin main people

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: Amethyst trip box office

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: multi-colored national security agency parlor

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: Useless ivory digit ratio reading party

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: vivacious green cumskin main people

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: multi-colored national security agency parlor

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: 180 Chapel

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: multi-colored national security agency parlor

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: seedy house kitty cat

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: Pearly Cowardly Theatre

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: Useless ivory digit ratio reading party

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: cordovan vigorous ceo windowlicker

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: bipolar burgundy cuck

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: Dead principal's office volcanic crater

YES

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



Reply Favorite

Date: July 20th, 2020 3:34 PM
Author: Slippery philosopher-king pisswyrm

lol

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



Reply Favorite

Date: July 20th, 2020 3:36 PM
Author: Maroon meetinghouse sneaky criminal

(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: aqua internal respiration regret

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: Dead principal's office volcanic crater



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



Reply Favorite

Date: July 20th, 2020 3:39 PM
Author: 180 Chapel

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: Vermilion preventive strike



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



Reply Favorite

Date: July 20th, 2020 4:00 PM
Author: Pearly Cowardly Theatre

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: Pale self-centered giraffe



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



Reply Favorite

Date: July 20th, 2020 4:25 PM
Author: Big son of senegal kitchen

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: cerebral massive parlour feces

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: seedy house kitty cat

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: effete background story

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: Beta Clear Masturbator

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: Mildly autistic useless brakes

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: cyan tanning salon newt

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: Useless ivory digit ratio reading party

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: cyan tanning salon newt

(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: Useless ivory digit ratio reading party



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



Reply Favorite

Date: July 20th, 2020 7:51 PM
Author: Charcoal out-of-control cruise ship hunting ground



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



Reply Favorite

Date: July 21st, 2020 4:10 AM
Author: Talking razzle native coldplay fan

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: Useless ivory digit ratio reading party

ghastly

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