A Quote by Julian Robertson
It seems to me that the least deserving recipients of wealth are inheritors. Further, there are many indications that inheritors often have trouble adjusting to their unearned inheritance. An inheritance tax would de facto help remedy this.
Related Quotes
the possession of wealth, and especially the inheritance of wealth, seems almost invariably to sterilize genius.
Hermeneutics is a way of looking at Being as an inheritance that is never considered as ultimate data. Capitalism has always grown by considering, or forcing another to consider, as a 'natural' possession what is inherited. The great dominating families are really the inheritors of the strongest pirates, thieves, and bandits, and they consider themselves entitled to command through a divine or natural law, when they really are only the result of a forgotten 'violence'.
The inheritance of a distinguished and noble name is a proud inheritance to him who lives worthily of it.
The child is not a prisoner of its inheritance; it holds its inheritance as a new creation which its future actions will unfold.
We must end the iniquitous multi-taxing of the same money. It is not right to tax people's incomes, then their savings on that income, to tax the movement of assets through capital gains tax, stamp duty and tax them again through inheritance tax if they have the audacity to die.
I have issues with inheritance tax, particularly coming from a migrant family. My dad has worked incredibly hard all his life, so it seems odd to me that someone who has gone through that experience and has managed to save then gets taxed for dying.
Except for the rare cases of plastid inheritance, the inheritance of all known cooacters can be sufficiently accounted for by the presence of genes in the chromosomes. In a word the cytoplasm may be ignored genetically.
If inheritance tax were to be introduced for the monarch, it would mean slowly slicing away the royal assets.
Wisdom with an inheritance is good, but wisdom without an inheritance is better than an inheritance without wisdom.
From imperial, economic and ideological causes, many cultures are the inheritors, and hence the prisoners, of attitudes of scorn and disdain for other faiths – outlooks which are not ennobling to anyone.
The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death - a tax on money that has already been taxed.
Get a sales tax, small on necessities and large on luxuries; then a stiff inheritance tax on the fellow that saves and don't spend. That will get him either way. A tax paid on the day you buy is not as tough as asking you for it the next year when you are broke.
We are the inheritors of a million years of striving for the unspeakable.
I sometimes think that the only person fit to inherit wealth is the person who doesn't need an inheritance - the person who would create his own fortune no matter what his start in life - and have come to view inherited wealth as an affliction.
The House Of Commons has never been a tea-party. It consists of strong-minded, often very idealistic people, who are trying to accomplish something for our country. We are inheritors of an adversarial system and that, in itself, fosters conflict.
The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.
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