I had a brief discussion the other day about the pros and cons of inheritance tax. I tried to explain the difference between investment and consumption and what that difference has to do with the effects on a high inheritance tax burden. Because we are at the beginning of a broad discussion on who has […]
Warum ich gegen eine (hohe) Erbschaftsteuer bin? Weil der Mensch selbst bestimmen sollte, wem er, wenn er stirbt, sein Eigentum übergibt. Why I am against (high) inheritance taxation? Because each person should decide for themselves who becomes, in case of death, the new owner of his property. It’s a matter of freedom!