Thanks for the answer, I should have studied more about the rules they are proposing before I joined, but was hoping to find out more by joining this group, but as yet I know only as much as when I joined. Are you seriously fighting for this?
It seems a bit unfair, why bother to strive for the best job or to learn a different career that pays better to improve the lifestyle of your family, if when you die it is all taken away? I could die tomorrow, if it was 100% Inheritance Tax now then what happens to my wife and kids?
What is classed as significant wealth? Will they take my car away? How will my wife get my son to his regular hospital appointments? Why spend your whole life trying to pay of a mortgage when it all goes to the government or the people?
Why should the rich be mistreated? There wives and kids out on the streets due to a freak heart attack of there most loved father or husband?
Why can’t I want? I’ve always wanted a boat. I don’t need one, but I live on the Gold Coast and all the rich people have boats and can get to the small private islands, while we sit across on the beach dreaming for a better society, then it comes, and I only get what I need? Who gets to say what I need? A friend of mine would say ‘Mate you need a boat, get out and relax with the kids, get back to nature mate go fishing, really sucks you guys can never afford to go out anywhere’ but sounds like the Meritocracy party would just say ‘you don’t need one’ Then the local boat shop closes down, boat builders are on the streets again.
See when I joined I was under the impression that it was power you could not pass on, that our leaders would be people who are skilled in the area that they are involved in, and that owners of companies like TV stations and Newspapers can’t appoint there family as CEO when they die, there wives and kids can still live in the house they grew up in and continue to drive the car there rich dad brought them, but they can not have control over the company unless they have merit to do so.
Then small business owners like us would be happy to comply, if my son does not have the merit/skills to run my small business because he chose to get pissed all day and live of daddy’s money that is his choice, I’ll buy him enough piss to live of for the rest of his life and he can live in my old house when I die. If he wants a steady flow of money to buy a new ‘boat’ he can work hard and study hard. Is that not it?