
How the Big Beautiful Bill’s Passage Will Reshape the Economy
Prof G Markets
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Wealth Transfer and Its Implications
This chapter examines the unprecedented generational wealth transfer in America, with $6 trillion anticipated to be inherited this year. The discussion highlights the socio-economic implications of tax-free inheritance for the ultra-wealthy and explores the concept of 'inheritocracy,' drawing parallels to historical patterns of wealth concentration. It also raises critical questions about the effectiveness of current economic policies and their impact on wealth distribution and societal dynamics.
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