Inheritance tax

There is a video racing game called Mario Kart where kids race cartoon carts. Kids race around a closed course. The trouble is that (inevitably) one person is much better than everyone else. The winner laps the other players like they're standing still. Then the game is (essentially) over.

Our economy is like that. Our economy is winner-takes-all. The winners basically own our country. This is intolerable. Our economy should benefit everyone, not just the very few. This also ignores the golden rule, he who has the gold makes the rules. Adding insult to injury, the winner's children inherit the winner's wealth. It's like if a player in Mario kart inherited the extra laps from the previous game

Mario Kart has a solution. When the game becomes too unbalanced, the game give the last place player a blue shell. When the player fires the blue shell, the shell tracks the first place player and stuns them for the few seconds that the other players need to catch up

It’s always so unfair. Just as you are finally winning, the blue shell knocks you silly. Then you get past by the idiot players you just passed. Every player hates the dreaded blue shell. And yet, the blue shell is essential to keeping Mario Kart competitive and fun for everyone.

The American economy needs blue shells. The American economy needs a mechanism to tilt the game in favor of the little guy. The American economy needs to keep the game churning. The American economy needs to be playable and fun for everyone. An inheritance tax could be one of those blue shells

Arbitrary , I’m picking $10,000,000 as the top of wealth. With ten million dollars, you should have enough. Ten million dollars is enough to own a house just about anywhere in the US and enough investment wealth to never work

How about paying an inheritance tax of half of all your wealth above ten million dollars

The Blue Shell - Why Mario Kart's Most Hated Item Exists - Design Club

PS An inheritance tax needs to be indexed to keep the $10,000,000 deduction from eventually covering everyone. Traditionally, I use Gross Domestic Product. GDP measures money by its share our economy. That feels like the most fair way to measure wealth