Inheritance of Wealth

Inheritance of Wealth PDF Author: Daniel Halliday
Publisher: Oxford University Press
ISBN: 019252500X
Category : Philosophy
Languages : en
Pages : 256

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Book Description
Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

Inheritance of Wealth

Inheritance of Wealth PDF Author: Daniel Halliday
Publisher: Oxford University Press
ISBN: 019252500X
Category : Philosophy
Languages : en
Pages : 256

Get Book

Book Description
Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

Inheritance and Wealth in America

Inheritance and Wealth in America PDF Author: Robert K. Miller Jr.
Publisher: Springer Science & Business Media
ISBN: 1489919317
Category : Social Science
Languages : en
Pages : 233

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Book Description
Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.

Inherited Wealth

Inherited Wealth PDF Author: John L. Levy
Publisher: Booksurge Publishing
ISBN: 9781419699641
Category : Charities
Languages : en
Pages : 0

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Book Description
Inherited Wealth explores issues that arise through the transmission of wealth within a family, and provides wisdom and insights for approaching these concerns in a healing and transformative way.

Inherited Wealth

Inherited Wealth PDF Author: Jens Beckert
Publisher: Princeton University Press
ISBN: 9780691134512
Category : Law
Languages : en
Pages : 396

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Book Description
How to regulate the transfer of wealth from one generation to the next has been hotly debated among politicians, legal scholars, sociologists, economists, and philosophers for centuries. Bequeathing wealth is a vital ingredient of family solidarity. But does the reproduction of social inequality through inheritance square with the principle of equal opportunity? Does democracy suffer when family wealth becomes political power? The first in-depth, comparative study of the development of inheritance law in the United States, France, and Germany, Inherited Wealth investigates longstanding political and intellectual debates over inheritance laws and explains why these laws still differ so greatly among these countries. Using a sociological perspective, Jens Beckert sheds light on the four most controversial issues in inheritance law during the past two centuries: the freedom to dispose of one's property as one wishes, the rights of family members to the wealth bequeathed, the dissolution of entails (which restrict inheritance to specific classes of heirs), and estate taxation. Beckert shows that while the United States, France, and Germany have all long defended inheritance rights based on the notion of individual property rights, they have justified limitations on inheritance rights in profoundly different ways, reflecting culturally specific ways of understanding the problems of inherited wealth.

Is Inheritance Legitimate?

Is Inheritance Legitimate? PDF Author: Guido Erreygers
Publisher: Springer Science & Business Media
ISBN: 9783540627258
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
The debate on inheritance and inheritance taxation has always been linked with the " efficiency versus equity issue". Some consider inheritance taxes as highly appropriate means to bring forth more economic equality, especially equality in starting conditions. Others openly doubt the effectiveness of inheritance taxes in this domain, and point out that the negative effects may outweigh the positive. Some go as far as to say that high inheritance taxes threaten fundamental ethical values and should therefore be abolished. In this book both economists and philosophers try to disentangle these and related theoretical issues. It gives an overview of what economists and philosophers have to say on the matter, and confronts and discusses two radically opposed reform proposals.

Handbook of Income Distribution

Handbook of Income Distribution PDF Author: Anthony B. Atkinson
Publisher: North Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 988

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Book Description
Surveys the current state of knowledge re income distribution.

Inheritance, Wealth, and Society

Inheritance, Wealth, and Society PDF Author: Ronald Chester
Publisher:
ISBN:
Category : Inheritance and succession
Languages : en
Pages : 262

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Book Description


Die with Zero

Die with Zero PDF Author: Bill Perkins
Publisher: Houghton Mifflin
ISBN: 0358099765
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
"A ... new philosophy and ... guide to getting the most out of your money--and out of life--for those who value memorable experiences as much as their earnings"--

The Inheritance of Wealth

The Inheritance of Wealth PDF Author: Daniel Halliday
Publisher: Oxford University Press
ISBN: 0198803354
Category : Philosophy
Languages : en
Pages : 248

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Book Description
Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

Inheritance and Wealth Inequality in Britain

Inheritance and Wealth Inequality in Britain PDF Author: Colin Harbury
Publisher: Routledge
ISBN: 113650530X
Category : Business & Economics
Languages : en
Pages : 167

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Book Description
Modern Britain is characterised by marked inequalities in the distribution of wealth, which continue to fuel controversy and arouse strong, if adverse, feelings. Originally published in 1979, Inheritance and Wealth Inequality in Britain provides detailed evidence on the relative importance of inherited and self-made wealth. It is the first major work in the field since Wedgwood’s pioneering study in 1929, and represents a major contribution to current debates on justice and inequality. The study is based on more than fifteen years of detective work on successive generations of the wealthy. Professors Harbury and Hitchens have searched through the public records of registered wills, contacted relatives, executors and solicitors and have even tramped through graveyards in order to build up their picture of how wealth is actually transmitted from generation to generation. Results of this research challenge the commonly held view that inheritance is no longer a main force in the perpetuation of wealth and demonstrate unquestionably that it remains a factor of paramount importance. The book helps to answer such questions as: what proportion of wealthy men and wealthy women are self-made? Do the rich tend to marry the rich? Which industries tend to favour self-made as against inherited wealth? What are the chances today of inheriting or dissipating a fortune? Inheritance and Wealth Inequality in Britain is essential reading for those academically and professionally concerned with policymaking on income and wealth distribution and with the tax system; and to students taking courses in welfare economics, public finance and the sociology of class. It is also an important contribution to the history of modern Britain.