Super interesting, feels there is a better tax policy that could get us both more meritocracy (and growth) AND a more fair social starting point?
There are definitely challenges though:
1. Will the wealth death tax be well spent by government?
2. Could we get to limited to none “family company / fund or similar escape mechanisms”?
Yet I can see the angle that wealth is not happiness so even the parenting end goal of saving is not the right target?
In addition the likely positive angle of more comsumption in general given wealth accumulation is less a target?
@KnowNothingTV The point is whenever Musk uses “non stock market paper money” i much rather him investing to solve the next big problem, rather than giving it away to bureaucrats or pretentious groups.
@PauloAl79251677 Dependem do PS. Funcionarios publicos, reformados, etc. Nao culpo as pessoas; ps cresce dependentes do estado que por sua vez fazem ps crescer.