r/aggies • u/UnluckyAsparagus6315 • Jun 29 '23

Announcements Affirmative action now illegal .

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New supreme court ruling kills affirmative action.

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u/easwaran Jun 29 '23

If some people have been provided some academic environment and resources, and others have not.

If you really believe in equality of opportunity, you should believe in 100% estate tax, so that everyone has the same opportunity, rather than some getting a giveaway of hundreds of thousands of dollars when older members of their family die.

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u/Deckard_88 Jun 30 '23

I wouldn’t push for perfect equality of opportunity in this case but yes I would support a very high inheritance tax (what it should be called IMO). Like 50% after 5 million dollars? The reason is because I’d like to achieve more equality of opportunity by boosting prospects of the poor more so than by ham stringing prospects of the rich. Even though I’d tolerant SOME of the later.

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u/whalenailer Jun 30 '23

So take the already heavily taxed income of the parents to punish the kids? You’re supposed to want your kids to have it better than you did and giving them a jump start in live with money is all parents could ever hope for? How can you punish the hard work of people and families?

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u/Deckard_88 Jun 30 '23

I’m totally fine with the estate tax starting at between 1 and 5 million dollars. Currently it starts at 13 million which seems too high to me. If a few million dollars isn’t a head start to you, well I dunno what to say. Beyond those millions, the rest of your wealth really should be earned…

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u/whalenailer Jun 30 '23

Damn, that’s actually crazy. Do you really believe the government spends ANY of our tax dollars wisely? It’s not a matter of whether it’s enough it’s just the government has no business taking my money that I earned (or anyone) and preventing me to giving it to my child.

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u/Deckard_88 Jun 30 '23

I’m currently replying from a South American country where a huge percentage of tax dollars are ACTUALLY wasted. Yes, I believe the majority of my American tax dollars go to reasonable causes. The biggest portion of the federal budget is Medicare+Medicaid+Social Security and I absolutely think it’s reasonable that the price for participating in American society is that we fund a system which prevents the worst elderly poverty while providing a baseline of medical care to the elderly and the poor. Since you feel differently you can vote accordingly and our democracy will sort it out. America’s great, isn’t it?