Getting Rid of the Estate Tax Would Increase the Wealth Gap
The estate tax (“death tax”) is one of the taxes preventing an unsustainable wealth gap; eliminating the estate tax would increase the wealth gap.
Economy
Economy refers to the production, distribution, trade, and consumption of goods and services.
Increasing the Minimum Wage Stimulates the Economy
Generally speaking, a modest increase to the minimum wage will increase household spending and thus stimulate the economy. However, this can be offset by job loss or hour reduction, inflation, and other factors.
Slots Account for More Revenue than all other Casino Games Combined
According to 2016 data, slot machines account for more revenue than all other casino games combined, and penny slots account for more revenue than any other casino game.
The Estate Tax Is Fair
The federal estate tax on property (cash, real estate, stock, or other assets) transferred from deceased persons to their heirs is a fair tax that helps prevent a wealth gap over time.
About Half of Americans Own Stocks
According to a 2016 Gallup poll about half of American adults own stocks and about half don’t. This is down since 2007 when around 65% of American adults owned stocks.
The U.S. Has the Highest Incarceration Rate in the World
The United States has the world’s highest incarceration rate and hosts more prison inmates than all other developed nations combined.
There is a Gender Pay Gap
The gender pay gap is real, and so is the gender earnings gap. Even after all reasonable differences are factored out, an unexplained pay gap between men and women exists across the board.
Charging Interest Used to be Viewed a Sin
Usury (charging interest in moneylending, especially at high rates) used to be viewed as a sin by many religions and was banned by many cultures.
Work Creates Private Property and Economic Value
As John Locke and Adam Smith elude, physical work creates private property and gives possessions exchange-value (value in a trade).
Eugenics Has Historically Been a Popular Theory
Eugenics (including positive eugenics which breeds traits, and negative eugenics which prevents breeding) has been practiced since the Greeks, but rose to popularity in the west starting in the late 1800’s.