will the heirs have enough to keep the family farm which now may well be over 3k acres and the several million dollars in equpiment? Even though in many years those farmers make less than 100k per year? Is your answer, "Well hell, if that's all you're making you'd be be better off just retiring and putting it all in the S&P."? Bernie is running out of money. He and his followers have now been reducued to foraging for any crumbs left over. They've long since given up the idea of making money. A country that doesn't let fortunes build up will be reduced to a country of nothing but common men. And who will control those common men? You guessed it, FEEL THE BERN!
You don't want the estate tax and you previously suggested doing away with all forms of welfare. So the people with nothing get nothing. And the people with everything keep everything. And your general rule of self-sufficiency applies ONLY to the unfortunate. Meanwhile, the most fortunate just keep getting more fortunate by also getting an exemption to your general rule.
I'm confused. Do you want to eliminate the "top tier one fifth of one percent"? Or do you just simply want to turn them into highpriced slaves who work for all the rest of us? How bout limiting the top 1% to a 40 hour work week? And 90% of what they make must go to the government. That should cut them down to size.
and so is anybody else who tries to follow the logic that we can get ahead by making others fall behind
pick a number any number. In my day it was 1.5 million. If you had that you could quit your job and invest full time. Now it is probably more like 3 million. That is enough for any individual. So let's just put a cap on net worth at 3 million dollars. If you have more than that you must give it to the government. And they will decide how best to use it. At that rate, we could run the government for a week or more on nothing more than Bill Gates net worth.