546 karma · joined March 23, 2021
Too bad, when you live in a society, you have to deal with other people living in the society including those under the age of 18.
Now at the end of the day people have disposable income and have to spend it somewhere, but I don't think travel should be given the special regard that it is currently.
Not to mention the increased taxes will be paid back, at least to some extent, in enhanced services. Maybe your kids could get a free education and free healthcare instead of $1M each in inheritance.
Or instead of increased services, we could tax other things less such as the income of living people. I'd much rather have dead people, who have zero use for the money getting taxed more and living people, who actually can make use of the money getting taxed less.
Another huge loophole is charitable deductions. There's absolutely no reason the government needs to be helping fund individual charity decisions (for anyone, poor or rich). You have billionaires avoiding the majority of taxes they owe by giving money away to their pet charity causes.
https://www.webmd.com/mental-health/news/20190619/how-much-w...