Inheritance is the root of all evil.
It is the one thing that gives absolute retards an unprecedented advantage they never earned.
Abolishing inheritance completely would ensure every person is truly born equal and their success be determined solely by their actions, skills and invested effort.
Discuss.
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>it should be against the law for people to give stuff to people they choose
t. Statist cuck, probably also wants to ban guns
80+ IQ replies only please.
youre 100% correct but where would the wealth go? does the state seize it and redistribute it? until we find an economically efficient way to deal with this issue it's here to stay
Why would parents work hard if they knew they couldn't pass the fruits of their labor onto their children?
I hate spoiled trust fund babies too, but banning inheritance would do more harm than good.
Yell at your parents instead retard
It's their fault
It's my money, I can give it to anyone I wish you absolute faggot
Go ahead, give all your wealth to someone... while you're still alive.
This.
The problem lies in that someone else has been hired to manage the inheritance money FOR the braindead child.
Inheritance is the fucking root of civilization. If not for my children, then what the fuck am I working for?
Yourself. And so should your children. What's the issue here?
What happens with when I die then ? Why should it go to some random pajeet instead of my own spoiled children?
Exactly. If I didn't intend to give my children (and hopefully their children) a better life, I'd probably just give up and retire on what I have now.
total cuckold mentality
*with it
Fuck phoneposting
>supporting your own kids is cuckold mentality now
The best way to solve this problem is to make it more visable to everyone how much wealth you have earned vs how much you have been given from daddy.
This is mostly solved through social media and blockchain technology. At least for now while privacy functionality is not a basic standard.
Just think about it, 5-10 years from now we are using some social media page that uses EOS or NEO as a base. Person tries to act like he earned his wealth. "It says here you got all of you coins back at this date and it coincides with the death of your dad." ect.
The earnings of your company do not match up with your EOS investments. You were not legally allowed to work in your state at the age you made you account and it was pumped up with X amount of coins!
People will very easily be able to humble brag about wealth they can visibly show on a public ledger. That alone would add an all new stink to anyone who did not earn their way.
If you consider it from an individual standpoint that makes sense.
From a genetics standpoint, where you want to pass on your own genes as much as possible, it makes sense to give the offspring of your genes more advantages since your genes earned it. Your own genes were responsible for getting the resources/wealth.
Without this, the worse genes have a higher starting point, so it's less likely the superior genes come ahead.
Furthermore, removing inheritance wouldn't suddenly create equal success by their own actions/skills/effort. A big thing with getting ahead is networking, having your dad being best friends with the owner of a company you want to work at pretty much guarantees you a job. Plus there's the whole eating well and living a better life because your family has money (doesn't guarantee it, but definitely makes it a whole lot easier).
The only way to ensure being born equal is to put every baby in a bubble and raise them in the exact same environment. Only then will their success be determined solely by their actions/skills/effort.
>Abolish inheritance
>Wealthy people just spend their money on dumb shit before they die so it doesn't get stolen by the government or just give control of their entire estate to their child before they die
I inherited a good chunk of cash from my dad and I'm a NEET so fuck yourself salty sour grape ass nigger
>Gubbmit pls ban thing I don't like!!
Kill yourself.
So the liberty to give someone money should be banned just because you're jealous? The whole "be born equal" thing is just a stupid excuse so you can feel better about your failures.
suprise OP:
everyone thinks he is a genius and everyone else is a fucking idiot.
applys to everyone.
now figure what to make out of this you worthless faggot.
Because you're dead. You won't care even if it goes to a literal nigger. That nigger will lose it anyway so it doesn't matter. Why not teach your kid how to obtain wealth instead. It's something the nigger will never be able to do. Your kid still wins in an inheritance-less society (if they're not retarded). Everybody wins.
i mean you are just creating a generation of pathetic manchildren. just look at this thread.
Fuck up commie.
How deluded can someone possibly be these days. What's the wrong thing about my children having my money after I die? You getting jealous?
But caring for and providing for my children and grandchildren keeps me going. Without this I would dismiss my employees and stop working. Everyone would be equal in poverty and misery and their would be only poor and their rulers
I see your point, it's just cuckold is a weird word for it considering the original meaning.
Are you the guy who made that thread yesterday whining about how it was unfair that a rich friend made 2m from Bitcoin and how rich people should be killed?
This is a valid point. But networking already happens with inheritance. In fact that's probably one of the main reasons why it happens. Who would you prefer to network with? A wealthy family or a street hobo?
I said 80+ IQ replies only. Sorry.
sounds like socialism to me.
>it would be a better society if when ur rich dad died he gave me his money instead of you
The fuck? If someone is rich, it doesn't fucking matter to anyone how he got rich. He's got money, period. He can do things you can't, period. He can get the girls he want, because a hoe is not going to fucking care about how he got the money. You're the only deluded guy that would care about it. It's your way of defending yourself from them having a better life than yours.
>everyone would be born equal
Starting the discussion with anti-science claims like this ensures this can only be an emotional argument.
We don't exist in a vacuum, and genetics are a greater marker of success (or lack thereof) than money. Inherited money tends to go to waste within one generation.
Spend less time being jealous and more time improving your skills.
You've just backed up my argument. Yes genetics are a greater maker of success. So let's use them. Unearned money just gives potential retards with inferior genetics a way to pass on their inferior genes.
Keep saying falacies and believing you're smart. The fact is that your wish will never happen and you'll continue to see inheritance being something normal in society for all your pathetic life.
Even without an inheritance this will still happen, a family could become wealthy in their lifetime, there would still be networking opportunities for their children. Even if no money was given to the family when the mother/father die, the opportunities afforded to the children (likely full adults at that point) that grew up throughout their lifetime as part of a successful/wealthy family would set them ahead. Likewise it would set their grandchildren ahead as well, and the cycle continues.
lmao I'd rather good genes have a chance than bad genes. socialism=destroy the gene pool in an unhealthy way.
IQ 80+ only please.
True but it would make it a lot harder without inheritance. You could argue that abolishing it is not the whole solution, but it's definitely a good part of it.
Exactly. In an inheritance-less society good genes would have a much better chance of success, because you've eliminated the unhealthy artificial advantage of unearned money.
>Without this, the worse genes have a higher starting point, so it's less likely the superior genes come ahead.
Because centuries of wealth accumulation have definitely brought out the superior genes
yourself .. and not have kids maybe?
Dumb cucked faggot
When you die, everything is gone. Vanished
Doesn't matter anymore, if my kid is a shit like the kids these days i wouldnt even want to leave him anything
Take after the niggers, you might learn something
This. The sons future will be secured one way or another, if merely giving him money to live well becomes unavailable then it is the means to get that money that would become closed off to any outsider. Instead of a passive investment that keeps this goy out of your way he will sit in a high paying position that is literally unavailable to any outsider.
Suppose evetyone is equal.
They will judge you for looks, which is worse than wealth because you can create wealth.
You would still give it to your dumb retarded kid and so would most people. There lies the problem.
If nobody could do that then your kid would be successful regardless because you passed him your superior genes.
> IQ 80+ only please
So it is bad people give money to their children because "muh everyone equal" but it is good to judge them for their IQ, which is always unequal, which they cannot change just as race?
You are pathetic. Kys
Good so not only will this eliminate dumb people, but it will also eliminate ugly people.
IQ 80+ only please. Read the rules.
>You could argue that abolishing it is not the whole solution, but it's definitely a good part of it.
Maybe.
>Exactly. In an inheritance-less society good genes would have a much better chance of success, because you've eliminated the unhealthy artificial advantage of unearned money.
In my first post I pointed out that the good genes is what earned the advantage of money in the first place, and that passing on your genes is just an extension of the good genes giving an advantage to the same genes it passed on. So it's not unearned money, it was earned by the good genes. You're giving the good genes that passed on a healthy advantage.
Removing inheritance removes that aspect of the advantage, but it also means good genes will then have a lower chance of continuing on their genes, while also improving the chance of worse genes. Sure good genes have an advantage already because they're good, but there's so much random variables that removing advantages could mean the difference between passing on genes and not. If that happens, isn't that a failure of the intended goal?
Nigga wut?
You're a fuckstick socialist larping faggot.
>implying there's no such thing as "giving while living", kek
kek again
So say a rich guy passes $1B to his son and his son does the same thing, $1B passed to his son and this continues on and on....with this $1B effectively being removed from the economy, what sort of affect does that have? Okay, so in most cases, people are going to spend some of their inheritance. But what about the group of people who get inheritances so large that they only spend 10% of the inheritance in their life time, the rest, is removed from the economy, not spent....
tl;dr; large sums of money being passed on to generation to generation but not spent....what is the economical impact of this?
>The best way to solve this problem is to make it more visable to everyone how much wealth you have earned vs how much you have been given from daddy.
The only "problem" this solves is your jealousy over what other people get.
It's not their fault your parents don't have shit to pass on.
How do you abolish it? 100% inheritance tax? Great now the state has EVEN MORE money to give to leeches, and people have even LESS incentive to save money.
believe you me, people will still care deeply about having their children achieve in non-monetary ways, like going to elite colleges. and then that will become the main form of inheritance.
the thing about poor people is they're way too preoccupied about really primitive measures of generational wealth, like money, and they totally miss the impact of patronage.
>You're giving the good genes that passed on a healthy advantage.
Not necessarily. That's the problem. You're giving them this unearned advantage _unconditionally_. The genes could be faulty. Not all kids are smart just because their parents were.
preaching to the choir op
what if he becomes a street kid
And hustles with illegal money even tho i didn't give him shit. Kids don't magically grow up right when you don't give them stuff and support them.
But IQ discrimination is racist.
Because they need to be smarter than you?
So raise them not to do that. Let them inherit your knowledge and skills.
it's like a token burn since that money isn't used anymore and locked away
More gains for fiat holders!
Good goy, don't spend your money. Why would you want to spend :^)
No money for own children, but ok for someone else's children that will probably use that mobey bad just as lottery winners?
Nonsense 70 IQ socialism.
Someone's mad that their degree isn't paying for itself lmfao
Fuck off karl
But the question is why it is more fair to inherit genes rather than money?
Genes are always there in an individual but money flows in or out, so money inheritance is more fair and natirally distributable than rabdom genetic mutations.
You might not get free inheritance money, but I heard communists actually get free helicopter rides.
t. communist
We are not equal and never will be nor should we strive to be. That's not how life works.
It is their money, they can fucking do whatever they want with it.
Why the fuck do you worthless piece of shit feel entitled to others people's money.
Is your life so despicable, worthless and pathetic that you cannot struggle and move your miserable ass and try to climb the social and evolutionary ladder without appealing to self-pity and sympathy.
Do you really think the world is fair? Everyone in this world starts with a disadvantage as we are all different with each one possessing unique skills and abilities.
Those who succeed despite handicaps did not ask for pity. They fought destiny and achieved their dreams.
anything in particular you want cleared up?
If that $1B is just cash, it has little impact, and will slowly be devalued by inflation over time.
If it's $1B in ownership of companies, wealth from the companies will continue to flow upward to these owners. Money that would be better spent reinvested into the companies or new R&D will instead be tossed on top of their already large pile of money.
Could be, but it's boils down to either:
1. give inheritance money to offspring of good genes, which may or may not be good.
or
2. give inheritance money to everyone, which could be bad, average, or good.
Wouldn't you be more likely giving it to the good genes if it's the offspring of the good genes?
You’re missing the point of money, which is to keep elites in power and pass that on to their offspring. Your idea will never be allowed to gain traction.
you're sounding more like you want parents to never be able to spend anything on their children. what are these advantages you're talking about? elite education is normally provided while the parents are alive, if they set them up with a job or business this is normally while the parents are alive. what advantages are you looking to abolish for the fucking 60 year old who's parents lived an average lifespan? a comfy retirement?
>Go ahead, give all your wealth to someone... while you're still alive.
Exactly.
If inheritance was suddenly banned, people would simply devise ways to get around the ban...like storing your wealth in Bitcoin and then giving the keys to your children.
A stupid person like you will make stupid decisions and lose money regardless of how much they started with.
Sorry you sold Bitcoin at 2k and then FOMOed back in at 10k while your friend held and made 2m by selling at the right time. Maybe the problem is that you're a retard while your friend isn't.
80+ IQ replies only guys.
It's more fair in the sense that it's more beneficial to society. Good genes are more likely to produce something valuable while money in the hands of bad genes is actually destructive.
You didn't earn good genes with hard work or ethical effort.
So we put strong and healthy people on disadvantage?
Same logic you use bit atnleast money is a transferible tool.
Stephen Hawkins had very bad genes.
Because Jeff besos isn't working for his kids. Not all billionaires have kids.
You're a shit socialist that doesn't believe in the right to property. Go back to sucking on Bernie's saggy nipples.q
Yes, bad genes put you at a disadvantage and that's how it should be. Why would you want to offset shitty genes with money?
I don't think so. His genes were very valuable to society.
What makes someone successful is being at the right place at the right time and doing the right thing. No one is smart enough to know for certain what they should do to be successful. Uncontrollable external circumstances will make or break you.
How is it fair that some people are born with higher IQs?
It's the same as inheritance. It's luck of the draw.
>tl;dr; large sums of money being passed on to generation to generation but not spent....what is the economical impact of this?
Most big money, like Kennedy money, is not sitting in a savings bank in a lump sum. It's a mixture of investments, real estate, and some cash, and some assets, like art collections and stuff along those lines. Trust funders live off the dividends of investment pools, most of the time, and that money props up the investments you also buy into with your 401ks (if you actually work, and you're not a NEET). The impact of it is propping up investment markets, and providing work for the accountants, lawyers and other employees who manage the trust and estates that these people inherit. They also spend a lot, and drive the high end market for goods and services, and hire workers and nannies and maids. They also pay most of the taxes. The money just doesn't get stuck in a hole somewhere, some of it gets out into the economy, and some of it props up several sectors of the economy.
80+ IQ replies only please. Be respectful to people more intelligent than you.
This is true with or without inheritance.
You literally support equality of outcome while touting equality of opportunity. Fuck yourself kiddo.
Jeff Bezos (not Besos, you fucking mong) has 4 kids, dummy.
My parents are still richer than yours.
If you have money but write in your will that all of your things will go to charity when you pass away you can still provide your children with a stellar education and and get them a nutritionist and a personal trainer and a million other things that will give them a let up while you are alive that will last long after you are gone. This still provides unearned advantages to rich kids
Prove he is working for them though.. Not all billionaires have kids. Kids are not the only reason billionaires have motivation to earn.
I don't have to prove anything, you fucking spastic. Just stop posting, you sound like a fag and your shit's retarded.
80+ IQ please. I'm sorry you didn't make it, but we must keep the conversation at a minimum level.
That's fine. It forces everyone to do this which leads to a better society.
Still waiting for you to explain why differences in IQ are fair but inherited wealth is not?
If you can't do it then I'll take it as concession of defeat.
There's no conversation to be had with a retard like yourself that doesn't realize that any conclusion can be drawn from a contraction. You're literally mad that you were born in the middle class and didn't get to have free range organic mommy milkies into your 15th birthday last week.
You are fucking with evolution then.
The reason we got to this stage is by natural selection and the selfish genes. Now the selfish genes does everything it can in order to survive and once you're about to die, it will do everything it can so it's children would survive and replicate.
Don't fuck with evolution, life isn't supposed to be an equal outcome game.
>Contraction
Contradiction*
The selfish gene is the sociopathic gene. Business promotes sociopathic behavior. Sociopaths are fucked up in the head and dont comprehend why they are fucked up.
It's not selfishness, it's a form of self-preservation. You're upset you don't have what others have so you call them sociopaths. You can't hold all your sour grapes.
Fear is the root of all evil. People do a lot of things for self preservation and it's all rooted in fear.
tfw hold the term selfish in much higher regard than everyone else
He might just mean self serving.
I genuinely hate you leftists more than lie itself. The only response you’re gonna get is I cannot wait until a civil war breaks out and we get to fucking murder you all en masse with out big scary guns we all bought with our inheritance money.
>If someone is rich, it doesn't fucking matter to anyone how he got rich.
But you wont have status. You can be a complete welfare richboy . People worth a shit get there by doing something.
Actually a lot of people look down on "new money" i.e. people from lower classes that became rich. No matter what you do you'll have people that look down on you.