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CONFISCATE ALL INTERGENERATIONAL WEALTH
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Date: July 20th, 2020 11:49 AM Author: Racy psychic shrine 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) |
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Date: July 20th, 2020 5:27 PM Author: navy cruise ship 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) |
Date: July 20th, 2020 11:52 AM Author: Dark provocative corner roast beef *runs away* (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40634694) |
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Date: July 20th, 2020 1:53 PM Author: Racy psychic shrine hth (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635265) |
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Date: July 20th, 2020 1:54 PM Author: stirring death wish doing this in any sort of meaningful way is impossible (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635268) |
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Date: July 20th, 2020 1:55 PM Author: Racy psychic shrine why not give it a shot? (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635272) |
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Date: July 20th, 2020 1:56 PM Author: stirring death wish 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) |
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Date: July 20th, 2020 1:59 PM Author: Racy psychic shrine 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 |
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Date: July 20th, 2020 3:24 PM Author: disrespectful spot (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635613) |
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Date: July 20th, 2020 4:04 PM Author: stirring death wish 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) |
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Date: July 20th, 2020 5:00 PM Author: Racy psychic shrine Dont your taxes do this already (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635954) |
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Date: July 20th, 2020 5:39 PM Author: stirring death wish 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) |
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Date: July 20th, 2020 7:59 PM Author: Racy psychic shrine 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) |
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Date: July 20th, 2020 2:53 PM Author: drab big pocket flask idiot 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) |
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Date: July 20th, 2020 2:00 PM Author: beady-eyed embarrassed to the bone liquid oxygen I'm for this (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635291) |
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Date: July 20th, 2020 3:00 PM Author: Aromatic Insanely Creepy Parlor Boiling Water 180 cr (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635507) |
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Date: July 20th, 2020 3:22 PM Author: Boyish site 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 |
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Date: July 20th, 2020 3:27 PM Author: Slap-happy Striped Hyena convert the wealth to cash and burn it. watch inflation nose-dive |
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Date: July 20th, 2020 3:30 PM Author: comical french chef macaca 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
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Date: July 20th, 2020 3:56 PM Author: Racy psychic shrine This would mostly affect boomers so what are we waiting for (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635727) |
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Date: July 20th, 2020 3:32 PM Author: Boyish site 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) |
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Date: July 20th, 2020 3:26 PM Author: comical french chef macaca 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 |
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Date: July 20th, 2020 3:35 PM Author: Brindle dead pervert 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) |
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Date: July 20th, 2020 3:57 PM Author: comical french chef macaca 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. |
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Date: July 20th, 2020 4:20 PM Author: shivering spectacular meetinghouse what's the point of this? and raising startup money isn't really "prestigious" unless it's from legitimate VC firms or angels |
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Date: July 20th, 2020 3:58 PM Author: fragrant frum giraffe 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) |
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Date: July 20th, 2020 6:07 PM Author: Racy psychic shrine nationalize it. kid starts from scratch (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636245) |
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Date: July 20th, 2020 4:54 PM Author: Glittery regret libs, pls respond (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635937) |
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Date: July 20th, 2020 3:26 PM Author: narrow-minded razzle-dazzle pisswyrm 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) |
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Date: July 20th, 2020 3:32 PM Author: Mauve generalized bond philosopher-king YES (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635650) |
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Date: July 20th, 2020 3:34 PM Author: charismatic jewess lol (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635657) |
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Date: July 20th, 2020 3:36 PM Author: rebellious tank parlour (authoritarian thug) (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635663) |
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Date: July 20th, 2020 3:37 PM Author: multi-colored bat shit crazy cuckoldry menage 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) |
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Date: July 20th, 2020 3:38 PM Author: Mauve generalized bond philosopher-king (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635673) |
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Date: July 20th, 2020 3:39 PM Author: Brindle dead pervert 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) |
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Date: July 20th, 2020 10:32 PM Author: floppy locale associate (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40637400) |
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Date: July 20th, 2020 4:00 PM Author: fragrant frum giraffe 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. |
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Date: July 21st, 2020 3:44 AM Author: Sticky Codepig (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40638158) |
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Date: July 20th, 2020 4:25 PM Author: Geriatric hairraiser wagecucks elastic band tick tock Upset Jew (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635845) |
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Date: July 20th, 2020 4:35 PM Author: Crusty brethren senate I support this for him and RSF only (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635887) |
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Date: July 20th, 2020 4:26 PM Author: shivering spectacular meetinghouse 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) |
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Date: July 20th, 2020 4:33 PM Author: Jet-lagged abode prole Gas yourself commiefag (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40635877) |
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Date: July 20th, 2020 4:40 PM Author: Motley son of senegal http://www.threefolding.org/download/2006-11-001.pdf
just make money perishable. its already an abstract commodity anyway. |
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Date: July 20th, 2020 5:15 PM Author: Orange adventurous mental disorder 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) |
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Date: July 20th, 2020 5:25 PM Author: Fear-inspiring Main People theres no meritocracy though. the entire millennial economy is crony bullshit. (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636055) |
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Date: July 20th, 2020 6:07 PM Author: Racy psychic shrine a lot of temporarily embarrassed captains of industry ITT (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636248) |
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Date: July 20th, 2020 6:09 PM Author: Fear-inspiring Main People (actual captain of industry) (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636255) |
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Date: July 20th, 2020 7:42 PM Author: Racy psychic shrine (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636690) |
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Date: July 20th, 2020 7:51 PM Author: stirring death wish (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40636750) |
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Date: July 21st, 2020 4:10 AM Author: Pink travel guidebook 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) |
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Date: July 21st, 2020 5:06 AM Author: Racy psychic shrine ghastly (http://www.autoadmit.com/thread.php?thread_id=4588473&forum_id=2#40638192) |