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Real Estate
Reply to "Can we talk about parents buying their adult children luxury homes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Tax the shit out of it. This is what privilege is.[/quote] I had no privilege in life, including my skin color, so do not try that card. I worked my butt off to get to a top tax bracket and pay an enormous tax. Because you are a slacker doesn’t mean I should subsidize you even more. My income and assets can easily be sheltered so you can’t “tax the shit” out of them. There is a correlation between smarts and people with wealth and vice versa, as you well demonstrate. [/quote] DP. I also have a rags to riches story. Your or my children have done absolutely nothing to merit the privilege that comes with inheriting large amounts of money. They would be in fact welfare recipients. I'd rather a system where a large portion of inheritances went into a pool that funded scholarships, research, infrastructure. Let the cream rise to the top in each generation. [/quote]
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