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Most wealth is not inherited, unless you're using some weird definition that you made up.


> Taken together, much of the best available evidence suggests that the median dollar of wealth in the United States has been inherited by someone in the richest 5 percent of families.

https://www.washingtonpost.com/us-policy/2019/02/06/people-l...


And estate taxes just keep getting lower. Nevermind that you don't have to pay capital gains on inherited equity.

Many people aren't aware of just how bad wealth inequality has gotten in the last 25 years.


> Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.




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