The Incredible Shrinking Incomes of Young Americans

[Hamilcar]

But iirc he has said a number of times that his book is meant to be descriptive of the data he has accumulated (no pun intended).

I think that's him just being coy.

[MadImmortalMan]

I'm just glad you can't inherit your parents' debt. I'd really be screwed then. 

[crazy canuck]

But iirc he has said a number of times that his book is meant to be descriptive of the data he has accumulated (no pun intended).

I think that's him just being coy.

More importantly I think it was him avoiding the groundless accusation that he was a communist leveled at him by American and other right wing media outlets.  The bulk of his book is straight data analysis.  The conclusions he draws are uncomfortable for some to be sure.

[crazy canuck]

I'm just glad you can't inherit your parents' debt. I'd really be screwed then. 

[Syt]

I'm just glad you can't inherit your parents' debt. I'd really be screwed then. 

You can in Germany, though you can choose to renounce your heritage.

[Eddie Teach]

Everyone "needs" TV with cable packages, new cars (used won't do), cell phones, laptops, holidays to foreign destinations and all the rest - if they don't have all that stuff, they feel they can't really live in the modern world

I don't have a laptop either(though my phone is an even more mobile computer /shrug).

But yeah, couldn't live without cable tv. 

[garbon]

I plan to cancel my cable eventually when my contract is over.

[HisMajestyBOB]

I dream of the day when buying a new car is something I could even consider as an option.
Right now I'm trying to find the least-worst beater that's <$5000 to replace my totaled car.

[The Brain]

Everyone "needs" TV with cable packages, new cars (used won't do), cell phones, laptops, holidays to foreign destinations and all the rest - if they don't have all that stuff, they feel they can't really live in the modern world

I don't have a laptop either(though my phone is an even more mobile computer /shrug).

But yeah, couldn't live without cable tv. 

For Americans "foreign" means two counties over.

[Martinus]

Inheritance is probably also the easiest to dodge of the three.

It kind of depends on the type of inheritance. The type easiest to dodge is the one that you wouldn't want to tax much or at all anyway - parents leaving a house or some small savings to kids and the like. On the other hand, for inheritance of fortunes you need a paper trail, making it much harder to dodge - and the truly rich are rarely willing to give up control of their assets while they are still alive just to make it easier for their kids to dodge tax when they are dead.

[The Brain]

Civilized countries don't have inheritance tax.

[Martinus]

Civilized countries don't have inheritance tax.

It's actually the opposite. Civilized countries have inheritance tax, uncivilized don't.

[The Brain]

Civilized countries don't have inheritance tax.

It's actually the opposite. Civilized countries have inheritance tax, uncivilized don't.

No.

[Martinus]

Civilized countries don't have inheritance tax.

It's actually the opposite. Civilized countries have inheritance tax, uncivilized don't.

No.

Yes.

[The Brain]

Civilized countries don't have inheritance tax.

It's actually the opposite. Civilized countries have inheritance tax, uncivilized don't.

No.

Yes.

You're Polish so you can't override a no.