Mama told me not to come.

She said, that ain’t the way to have fun.

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Joined 3 years ago
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Cake day: June 11th, 2023

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  • Yeah, it’s honestly crazy to me because I think lockdowns were a net benefit to me. I was able to spend more time with my SO and kids, I had time for exercise and hobbies since I didn’t need to sit in traffic, and I didn’t need to spend as much social energy making small talk (I’m introverted). I honestly thrived during COVID. Getting COVID sucked for the week or so I had symptoms, but that was honestly a small price to pay for solitude.

    But then I see headlines of people literally going crazy, see a dramatic increase in road rage in my area (which didn’t have lockdowns, only social distancing for businesses), and see my own extended family struggling.

    I feel so bad for people like your grandparents that suffered. I just personally wish the COVID lifestyle was more accessible.












  • I think we should instead cap inheritance/gifts, not income.

    The cap wouldn’t be zero, it would probably be in the low millions. If your parents were wealthy, you’d have a head start, but you would still need to work. There could be a separate exclusion for spouses, where maybe they keep half of the wealth or something as a one-time transfer (i.e. if they get remarried, that wealth wouldn’t transfer to the new spouse).

    As part of this, I also want to rework corporations and trusts. Basically, the only legal entity that gets special tax treatment are corporations with low valuation, once you go public or report net income or revenue over some amount, the legal protections go away. So mom and pop shops would get bankruptcy protection and whatnot, but large corporations wouldn’t.

    But all of that overcomplicates what I wanted to communicate, which is that generational wealth shouldn’t be a thing. Property should be community owned and exclusivity agreements should be temporary (i.e. real estate should be owned until death).