On the Nature of Things | Forum

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Millionaire Parents Say Their Kids Are Unfit to Inherit

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A new study of multi-millionaires finds that only half plan to leave their inheritence to their kids.

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More Baby Boomer egomaniacism. The most egomaniacal generation to ever walk the planet.

If your kids aren't fit to inherit, whose fault is that? Maybe the parents who spent all their time making money instead of raising responsible kids? Nah, couldn't be that.

They were too good for their parents and now they are too good for their kids.

Whatever, let the money go to charity.

Enki wrote:They were too good for their parents and now they are too good for their kids.

Yep. And perhaps the first generation not to want their children to do better than they did; having their children surpass them would be too hard on their egos.

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Am on the record, here and elsewhere, that :

- all "income" taxes should be abolished

- a sales tax, consumption tax, should be introduced

and

- maximum inheritance per child should be caped to xx million dollars .. rest goes to tax

- every child born gets xx dollars for education & healthcare .. financed from the above


it is against human rights that a child is born a billionaire and another born with ZERO dollars


Nobody deserves being rich by birth

and

notion

we working for our children, a nonsense

those Steve Jobs and HP did not do what they did because of their children

and

notion those dollars should go to charity, nonsense too

charity is not the best effective target for dollars, in contrary

most charities in reality either business or silly or politically motivated


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