also, incentives if you tell people they can pass money on to their kids, they will work and accumulate it (generating value in the process) if you tell people they can't, you have just diverted them into ... what, exactly? if you don't know, you've torn down a Chesterton fence
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Actually Prop 58 and Prop 123 which essentially allows the passing of taxes from parent and grandparents is the insidious one. Prop 13, on its face isn’t so bad.
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