Quote:
Originally Posted by jimjamuser
Yes, basically RICH people get laws passed to favor RICH people. The problem is that passing WEALTH down through the generations is what eventually (maybe now) leads to KINGS. Warren Buffet set up a SMALL trust fund for HIS children so as to make them well off, but NOT RICH. That way each of his children will have to make their own fortune for themselves, if that is what THEY want to do. Virtually, he did what the tax law of the USA SHOULD do, which is force every generation to make it on its own. That way each generation does NOT become lazy and effete. It makes for a smarter and stronger Democracy. NOT having a strong Democracy is why we are in this GIGANTIC PICKLE today.
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So Daddy and Mommy should take their money and build their kids homes, pay for their cars, vacations, medical bills and so forth and not work on their own estate because the government should confiscate that. Sound idea, NOT.