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3 Responses to “Letter from a retiring hedge fund manager”
But as a cautionary thought, don’t let that lead you to down the path to believing in a 100% inheritance tax. For not being able to be allowed to pay for your grandkid’s (or kids) college simply because you died before they enrolled…. is fascism.
(Not to mention, a reason for everyone to never save a penny past what they think they will need, because people always work harder for those they love.)
February 23, 2009 at 4:35 pm |
I’m glad he didn’t bash Soros.
February 23, 2009 at 4:48 pm |
He bashed people who have rich parents (with connections, I assume) and don’t actually earn what they have. I can relate!
February 23, 2009 at 6:07 pm |
True.
But as a cautionary thought, don’t let that lead you to down the path to believing in a 100% inheritance tax. For not being able to be allowed to pay for your grandkid’s (or kids) college simply because you died before they enrolled…. is fascism.
(Not to mention, a reason for everyone to never save a penny past what they think they will need, because people always work harder for those they love.)