People loudly decry inherited wealth because it is anti-meritocratic and we're raised with delusion that our system is ostensibly one where wealth is related to merit.
I suspect that most people decry subsidized inherited wealth through things like stepping-up the cost basis for inherited wealth. Generally, I don't think people have a problem with parents giving their kids gifts in some form - though I do acknowledge that there probably is some notion of what is considered a (un)reasonable upper limit.
Nearly 78% of all millionaires in the US are first generation.
Most peoples biggest asset is their home which just costs more in property taxes and doesn't provide much benefit because they still need a place to live, preferably near their workplace.
there is no reason to work hard at anything if u cant leave it to the family. else i will collect unemployment and smoke weed all day
I don’t get what you mean. I have no children, am in my 50s, and still try to maximize my wealth to the extent possible while still having the particular lifestyle I like. I work hard because it’s fulfilling and I work to generate wealth so I’m not screwed over after one health mishap.