Hacker News Reader

> imagine if a mob boss goes to a retail store and demands half the profits. Why does anyone -- mob or Government -- deserve more than half of what you make?

I work and create wealth, and some heirs swoop in and grab that created wealth for themselves in the form of quarterly dividends. Sounds like exactly what you are describing. The parasitic expropriation of my surplus labor time by an aristocracy of heirs.

View on HN

This isn’t about estate tax. Your heirs don’t take anything away from you, neither does the government with estate tax. At the time they take whatever they’re taking, you are dead. Dead people have no use for property.

Besides that, if you don’t want your heirs to have your estate, you can create a will while you’re alive and leave all your property to charity, your cat, whatever. In any event, whatever happens to your wealth it won’t really matter to you, since you’ll be dead.

Edit: seems I misread this. Anyway, nobody “expropriated“ your labor, you sold it at an agreed upon price. If you aren’t happy with the price you got, demand more or make your labor more valuable.

They’re talking about corporate profits being funneled to already wealthy shareholders instead of the people responsible for generating the profits.

It doesn't seem that the OP is referring to their own heirs.

Reply on news.ycombinator.com