an 100% inheritance tax would ignore that inheritance isn't not limited to death
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Replying to @uberfeminist
if you had a claim to your parent's spare room in life, why would this claim be forfeited in their in their death? This is really sillypic.twitter.com/uEL4GsEYHJ
6 replies 11 retweets 50 likes -
Replying to @uberfeminist
Imagine all the kids keeping their braindead parents alive with feeding tubes just so the government doesn't take their house
8 replies 14 retweets 123 likes -
Replying to @uberfeminist
work out how this plays out. One's parents die. The govt claims title to biggest asset - house. Dependent child = now in limbo.
2 replies 7 retweets 62 likes -
Replying to @uberfeminist
Let's assume the home was in a posh London neighbourhood. The government can either liquidate the property or change it to public housing
3 replies 6 retweets 39 likes -
Replying to @uberfeminist
so government's now telling the kid: "haha, buy it back, you little shit!" or literally moving other people in once parents are 6 feet under
2 replies 8 retweets 58 likes -
Replying to @uberfeminist
like what would the govt do with a particularly posh flat? It should arguably sell it at market rates. And then buy what, exactly?
2 replies 5 retweets 32 likes -
Replying to @uberfeminist
"We decided you didn't need a posh home in London, so we're moving you to somewhere in Wales if you happen to need public housing"
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Replying to @uberfeminist
The rest would British kids would be royally screwed (
) and British land would be absolutely valueless2 replies 4 retweets 35 likes -
Replying to @uberfeminist
the hilarious part of a large inheritance tax is then all land would have to be owned by corporations because corporations are immortal
5 replies 35 retweets 165 likes
all family holdings are now transferred to <Family-Name> LLC. and the nuclear family is now transformed into a corp subsidiary
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