I think that is one reason why the RICH are trying to either invest or shelter their income/wealth. For example, if most of them took all their cash, stuck it in a cking account and earned not 1 cent in interest, they still could not spend all their money before they die
why in the world would they RISK capitol to loose, in which the poor do not re-imburse, or if money is earned they will give up a part to the govt to re-distribute.
If I woke up tommorow rich as all get out, I would stick my money into a non bearing interest account and spend what I had already paid taxes on and not earn 1 more red cent to give to my govt to distribute for votes, NONE
they can KMA and do w/o me and my earnings. Hell couldnt spend all I have before I die anyway and besides, if I have any left, they will come and get some of THAT thru the death tax.
Would like to die on the 18th green, just after making a birdie putt, with $5.00 left in my account and all my expenses paid to bury my sorry arse somewhere nice. Oh, and make sure I had given my total estate allotment to my kids TAX FREE, then have the undertaker post a sign in the window of the hearse
TOO ALL YOU SORRY ASS POLITICIANS, K M A
and drive past the govt offices on the way to the cemetary
woohoo
M