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If AI takes most of our jobs, money as we know it will be over. What then?
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this post was submitted on 18 Aug 2025
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The idea is rooted in the same ideas that Georgism is based on, which is the idea that people should own the value they create themselves, whereas things like property should be communally owned. Inheritance money isn't created value, so I think there's a good argument that it should be capped, and any excess should go to the people..
I don't believe in inheritance tax to fund the government though, it should merely be redistributed either as cash or donations to unaffiliated charities. The only tax used to fund governments should be land value taxes.
100% inheritence tax will go to the government though.
Still it's basically stealing from families anyway.
I'm saying it shouldn't, it should instead be distributed to the people. It should be used for something like UBI.
Which goes through the government.
Again if you want more income for those at the bottom you want efficient tax methods and 100% is not an efficient tax method since people will do EVERYTHING they can to avoid it. If people can accept a tax rate, they will pay it. Well a lot more people will pay it.