6) wonder why this has no real impact as it only recovers wealth from people who... | Hacker News

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		onion2k 4 months ago \| parent \| context \| favorite \| on: Over $70T of inherited wealth over next decade wil... 6) wonder why this has no real impact as it only recovers wealth from people who are over $2m in wealth but below set-up-a-trust-to-move-your-families-money-to wealth, which is a fraction of the wealth. 7) See trust-as-a-service businesses boom until there's no additional revenue.

twoodfin 4 months ago [–]

8) Create tons of dead-weight loss in the economy as you attempt to regulate your way out of (7) by being clever with the tax code.

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