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>Unless you have a plan to circumvent the currency, these people have the world by the short and curlies. Why? Because I can't think of a way to target unearned wealth vs self-made people who deserve it all.
It's pretty easy, really.
90% tax rates on inherited wealth and much higher tax rates in the very high income brackets.
I'm flexible on the deductible amounts, but passing along billions is unacceptable.
Those rates were in place after WWII - and the country prospered - but they were gradually eroded by the anti-government rants of the wealthy.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.