Quote:
Originally Posted by puckhog
To me, the key issue is what I think Cliff and others are getting at - we want to ensure that there is upward mobility for people born into lower income families. But simply taking a bigger chunk at the end of a wealthy person's life won't accomplish that without proper programs. In my opinion, we should try to improve low income kids prospects as early as possible.
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That’s half the equation. But since we can’t all be above average, the other half is ensuring downward mobility too by limiting how much the mediocre children of the affluent can benefit from their parents’ money.