That's not quite right. The money is sitting in 401Ks or IRAs along with the main home value. To liquidate the retirement accounts would need to be cashed out and then they are subject to income tax and/or capital gains.
Sell the house, but where to live? Plus you again have to pay capital gains tax.
The cash then given to children are again subject to taxation.
There's no way to give the children some of the parents wealth without loosing a large amount to the government.
The problem is the government over taxing its citizens while corrupt with fraud and giving billions to non-citizens.
Quite blaming boomers when its the liberal socialists who have made everything too expensive and difficult to inherent wealth.
@Shilohmarx I think there's too much election fraud and too many loony Democrats who have some form of TDS. California is really some kind of authoritative state and the citizens are not really free here.
I hope you are right.
@quietskepticX@Chief_R_ That's some billshit right there. I always fought all that shit and all the other generations could be accused of the same. Man up and don't be such a whimp
As a fourth generation Californian it sickens me on how corrupt California government has become under your regime. We use to have to show ID to vote in California before Democrats took over and the only reason not to is to allow for cheating. This is tyranny that spits in the face of the citizens living in California. Have you no shame?
@BenRosen17@grok@Polymarket I believe one of its main goals is to intimidate those investigating fraud. Its easy to claim bad intent and effectively stop or slow any investigation.
This is why California is so screwed up. Highly overpaid government officials who are assholes and treat the citizens as their free meal ticket. Meanwhile Californians continue to suffer the highest cost of living, outrageous taxation, and ludicrous regulations. I absolute am convinced that voter fraud is rampant as its beyond me how anyone would vote for these criminals
You failed to consider that a reflector has to be properly designed and positioned in order for it to work and produce adequate directivity in a desired direction. Crumbling up aluminum foil into some random curved shape and arbitrary placement behind three monopoles is just as likely to produce nulls in the desired direction. It needs to be properly designed via antenna engineering principles