@Di4na @cstross
As a side note to that, what to do about all the Boomers getting equity release plans, thereby on their death transferring their accumulated capital to financial institutions rather than their offspring?
That's going to cause a massive increase in the concentration of wealth within the timespan of a single generation, on top of how much that's occurred since the '80s.
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HighlandLawyer (highlandlawyer@mastodon.social)'s status on Saturday, 21-Dec-2024 21:14:34 JST HighlandLawyer
- Charlie Stross repeated this.
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Charlie Stross (cstross@wandering.shop)'s status on Saturday, 21-Dec-2024 23:59:20 JST Charlie Stross
@A_C_McGregor @HighlandLawyer @Di4na It's called American-style private health insurance. You're welcome!
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Alisdair Calder McGregor (a_c_mcgregor@topspicy.social)'s status on Saturday, 21-Dec-2024 23:59:21 JST Alisdair Calder McGregor
@HighlandLawyer @Di4na @cstross I'm waiting for the financiers to somehow engineer a means by which the "heirs" get stiffed with the tax bill while they take the wealth
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Rob Landley (landley@mstdn.jp)'s status on Sunday, 22-Dec-2024 21:23:45 JST Rob Landley
@HighlandLawyer @Di4na @cstross "Filial responsibility" laws already do that.
https://en.wikipedia.org/wiki/Filial_responsibility_laws
The hospital performs "heroic measures" in the parents' last hour of life (out of network of course) and saddles the estranged child with a $15 million dollar medical bill payable to United Health. Neither the parent nor the child ever have to consent to this.
The billionaires haven't just already locked up all the boomers' assets when they die, they've made debt inheritable.
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acb (acb@mastodon.social)'s status on Sunday, 22-Dec-2024 22:31:26 JST acb
@landley @HighlandLawyer @Di4na @cstross They’re betting a lot on algorithmic mass surveillance being sufficient to stop an entire wave of Luigis with nothing left to lose
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Rob Landley (landley@mstdn.jp)'s status on Sunday, 22-Dec-2024 22:31:26 JST Rob Landley
@acb @HighlandLawyer @Di4na @cstross The trouble with hiring bodyguards is a lot of emperors have been killed by their own bodyguards. (Modern billionaires don't even have poison tasters.)
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lemgandi (lemgandi@mastodon.social)'s status on Sunday, 22-Dec-2024 23:04:24 JST lemgandi
@landley @acb @HighlandLawyer @Di4na @cstross Funny, I'd say paying more taxes is cheaper and more secure than a phalanx of mercenaries.
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Charlie Stross (cstross@wandering.shop)'s status on Sunday, 22-Dec-2024 23:04:24 JST Charlie Stross
@lemgandi @landley @acb @HighlandLawyer @Di4na Elon Musk's net worth has mushroomed by—conservatively—more than a billion dollars a month for the past several years (possibly more than a billion dollars a week). You can hire a LOT of guards when your pocket money budget is larger than some nations' militaries. And the tax bill on $400Bn would be slightly eye-watering ...
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Donald Roy (djr2024@mastodon.social)'s status on Monday, 23-Dec-2024 02:41:58 JST Donald Roy
@landley @acb @HighlandLawyer @Di4na @cstross
That was also the experience of #indiragandhi !
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Charlie Stross (cstross@wandering.shop)'s status on Monday, 23-Dec-2024 02:41:58 JST Charlie Stross
@djr2024 @landley @acb @HighlandLawyer @Di4na Also Anwar Sadat. (I'm half-surprised the US Secret Service has such a good track record for *not* killing their charges.)