minus-squarethr0000witaway@lemmynsfw.comtoNews@lemmy.world•More than $70tn of inherited wealth over next decade will widen inequality, economists warnlinkfedilinkarrow-up1·15 hours agopoor people’s inheritance will be subject to tax, which when paid will be given out to the rich in the form of tax cuts. rich people’s inheritance will not be subject to tax, as it is wrapped up in trusts, company assets, cash/loan schemes and equity. linkfedilink
poor people’s inheritance will be subject to tax, which when paid will be given out to the rich in the form of tax cuts.
rich people’s inheritance will not be subject to tax, as it is wrapped up in trusts, company assets, cash/loan schemes and equity.