Timeline for What reasons are there for a Capitalist to oppose a 100% inheritance tax?
Current License: CC BY-SA 4.0
8 events
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Apr 8, 2019 at 19:30 | comment | added | lalala | @immibis why would this proposed law in the real world apply to any country/citizin? | |
Apr 4, 2019 at 20:36 | comment | added | Criticize SE actions means ban | That person would still have to give up the company when they died. | |
Apr 4, 2019 at 8:12 | comment | added | lalala | @immibis we agree on this one. The fact is you are (forcefully) putting up your countries economy for sale. Supply increase, prices might drop. So other countries can purchase your economy for even less money. This wont reduce neither company size nor longevity. | |
Apr 4, 2019 at 0:19 | comment | added | Criticize SE actions means ban | It's an auction - if people can't afford the price you think something will fetch at auction, then your thought is wrong and the price will be lower. If it reduces company size and longevity that might be good for the economy anyway - startups are much more likely to use fresh new ideas and much less likely to use regulation to stifle competition. | |
Apr 3, 2019 at 6:55 | comment | added | lalala | @immibis êstimated market value of all companies in the US is 30 trillion. If you say they will be turned over all in the next 30 years you need 1 trillion investors (bidders) money per year. Who can afford this? Blackrock is currently invested with 6 trillion, so they might be able to expand. Then foreign funds. So in 30 year the US economy belongs to blackrock and asian funds. Who owns blackrock after this massive expansion: who knows, especially US citizins who own blackrock shares will also loose them under the 100 Tax regime. | |
Apr 2, 2019 at 23:33 | comment | added | Criticize SE actions means ban | It could be auctioned to investors with the proceeds going to the state. The state wants the money, not the company. | |
Apr 2, 2019 at 16:10 | review | First posts | |||
Apr 2, 2019 at 16:11 | |||||
Apr 2, 2019 at 16:06 | history | answered | lalala | CC BY-SA 4.0 |