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by sglane 3384 days ago
The only way to do this is to have a 100% death tax and to have an open bidding system for all assets. Otherwise you'll see deathbed $1 transfers of wealth. The open bidding system for any transfer at any point in life.

The problem with this whole concept is the number of people who received some kind of wealth transfer from their parents. Pretty much everyone I know has received financial assistance from their parents and are terrified of the idea of not having that leg up. Even amounts as small as $5,000 is far more than most people get. A lot of people don't realize how much their parents gave them.

1 comments

To claim that there is only one way almost always belies a profound lack of imagination.