Submitted on Thursday 4th August 2011
Published on Monday 15th August 2011
Current status: Closed
Closed: Wednesday 15th August 2012
Signatures: 7
Set inheritance tax to at least 100%
If you are rich, it is easier to get richer. If you are poor, it is difficult to avoid getting poorer. This is an unfair effect if people start their lives with different amounts of money. By effectively abolishing inheritance, every generation would start their lives on an equal playing field. This would be fairer to everyone and more economically efficient, as the best people would get to the best financial positions based on their own merits rather than those of their parents.
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