How will the great wealth transfer affect the economy? Will Millennials be more charitable with their new found wealth?

How will the great wealth transfer affect the economy? Will Millennials be more charitable with their new found wealth?

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They'll take most of it in taxes

>its all going to China

Trump made no estate taxes for anyone with under 12 million for married deceased.

It'll all be sent to oligarchs in Ukraine

it will never happen. Look in Europe for example, the boomers still alive are now starting to pay 1000s a year for a simple thing like gas for example. Coming out of their savings. Reverse mortgages are getting popular, boomers giving the last fuck you to their kids and eating up their homes so they can 'travel'.
jews know these boomers are about to kick the can and I'm sure they have a plan to ensure you will have nothing goes through. Maybe a death tax that forces the kids to sell the house in the middle of a depression, who knows.

None of this money will be transferred the way you think. My grandfather is a good example of everyone's future. He had about $700k saved up and owns his house and some land. He had a very minor stroke that aggravated his dementia. It costs $10k a week for his at home care. That's what they mean when they say the money will be transferred. They mean that healthcare will cost a lot.

my dad's broke

What's left of it once they give most of it to big pharma and retirement villages

theyre gunna put it all into pokemon cards and crypto

all in bitcoin

I am expecting 100k via life insurance soon
I expect most of it to disappear to taxes, lawyers, the insurance company, and costs of death
I don't even care, I'm far too demoralized
anyways

You still get taxed on it in a few states and still need to declare it as income. So if you inherit $500,000 and make $75,000 at your job, you made $575,000 and will be taxed accordingly.

Absolutely not.
Literally just inherited about 4 million worth in PPE and cash and such.
No taxes whatsoever.
All real estate carries over at "fair market value" at the time of inheritance and only the gain thereafter will EVER be taxed.
Get over it. Trump was the best president.

This keeps family farms in the family too.
YUGE deal.

Yes, Ukraine are the ones with the oligarchy. Russia has no jewish oligarchy,only le heckin BASED vladi. My telegram group told me so

And when will they die?

They already transferred it all in the last bullrun, user.

around 30 to 40 years later

zhey vill eat zeir bugs like everybody else

Well Covid was supposed to take care of that but the crafty bastards went and shut the entire world down to protect themselves