Skip to main content
No. of Recommendations: 18
Daryll44 asks,

That's just pie-in-the-sky talk around my main point: It's unAmerican and ruins the secret sauce of America to take 75% of someone's assets at death. But you're OK with it, so go for it.


I'd say it's more unAmerican to screw the poor and middle-class in favor of giving a huge tax benefit to the wealthy.

A few weeks ago they reported that the scion of the family that owns Samsung paid a $10 Billion inheritance tax. I've detected no shortage of investment or innovation from Samsung over the past 40 years, have you?

The "secret sauce" remains intact despite taxation.

Of course, the average Korean is much better at math than the average American. The wealthy have traditionally been able to use the widespread racism, ignorance and innumeracy of that "special" 35% of the population to their advantage and get them to support policy that is clearly against their economic interests. Perhaps that's changing?

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.