Hacker News new | ask | show | jobs
by prennert 1062 days ago
Or you start giving earlier (depending how presents are taxed), and your nieces and nephews receive the support when they are young and strapped for cash. I think this would help stimulating the economy much more than if your heirs are in their 50s+, when they (on average) don't need any money and just keep hording it.
1 comments

I’m not hoarding anything. They’re getting checks regularly. They’d be getting a lot more if I weren’t taxed at obscene rates relative to billionaires.