Younger generations will rely on inheritances as overall wealth is likely to be determined by their parent’s assets rather than their own earnings.
Thanks to social media and inherited 'intellectual property rights,' stars of the past enjoy digital immortality.
Bernie Sanders and Sheldon Whitehouse introduced the For the 99.5% Act (the "Act"), which proposes major changes to the U.S. transfer tax regime.
The president's new set of proposals is likely to be much more contentious than the battle over corporate taxes — among lawmakers at least.