Instead of a broad stroke and treating every individual in a big house like a low life parasite, or without the hyperbole, unearned. It doesn’t hurt, if one, all new money be exempt from taxes in return for the use of an Old Money tax, you could target more than just mansions, but broad old money.
It’s usually accepted that one’s parent’s accomplishments aren’t also yours. So boosting the burden on to those who merely inherited something, that go down a lot easier, than if you want to pillage some guy worked his ass off for an easier life.
I am shocked such policies weren’t thought out better to even get a better word out of it from myself. But as usual I stuck thinking things through rationally alone, rather than on some dogmatic quest to hate people on the envy of monetary success.
I am also a known anti-monarchist as well as a libertarian, and I don’t find it an absolute right to have an inheritance. I wouldn’t tithe it 100% and also possible the less miserly contribute to society and actually earn additional, but that’s a side line.
I guess anything led by someone with the privilege of anyone who’d get a Order of Canada reward would have links to old money, and likely would avoid this argument. Which is a shame.
It’s shame that business equalization never fell hard on a Corporate Welfare and Bailout tax to take the advantage endowed by other Governments who largely pillage the locals and send most, if not all, redistribution to Ontario and Montreal.
I’d like to say it’s the mindless socialist, but usually they all end up being some old money bunch, benefiting from generations of privilege.
Now why would they want to tax new money then? Oh yeah, the old resentment of someone useful in life building themselves up and showing a greatness in human potential as they suck on trust funds and crap like that all their life.