INTER-GENERATIONAL WEALTH

Governmental policy, racial advantage, educational opportunities, and technology are but some of the inputs that enabled a massive accumulation of wealth by primarily the baby boomer generation. Upward of $50 trillion will be transferred from one generation to the next over the next twenty years. Re-allocation of this wealth through inheritance taxation has long been met with resistance. Re-allocation of some of this wealth certainly has the potential to remedy some wealth and income disparity. There are efforts to address this issue even by members of the one percent. Check out: https://patrioticmillionaires.org/

Check back for more detail surrounding these efforts.