Player FM ऐप के साथ ऑफ़लाइन जाएं!
The Hulla Over Inheritance Tax
Manage episode 419803103 series 2484638
Recently, the mere hint of an inheritance tax proposal sparked a mini-political crisis? Thanks to a quick government rebuttal, it’s off the table—at least for now. But that’s not where the story ends.
As always, Deepak and Shray go head-to-head, weighing the merits and pitfalls of this hot-button issue.
We’re not just looking at the problem from 30,000 feet; we’re getting into the weeds, examining real-life scenarios and potential solutions that could impact you and your future.
Government Finances: Can an inheritance tax significantly boost government coffers? Or is it just another drop in the ocean of fiscal needs?
Societal Impact: Will taxing inheritances create a more industrious society, or will it just penalise those who’ve worked hard to create wealth for their children?
Implementation: What if we set the bar high, say at 100 crores or even 1000 crores? Would this make the tax more palatable and targeted?
Practical Hurdles: Imagine inheriting a house or a business. Sounds dreamy until you hit the wall of unrealised gains and logistical nightmares. We’re peeling back the layers on these challenges.
Future Planning: If you’re expecting a windfall 5 or 10 years down the road, how should you plan your finances today? Spoiler alert: It’s not as straightforward as you might think.
So, grab your headphones and tune in. Whether you’re a financial novice or a seasoned investor, this episode promises to challenge your thinking and maybe even make you laugh along the way.
Timestamps:
00:00 Introduction and Disclaimer
01:25 Should we have an inheritance tax?
07:36 What if inheritance tax is imposed solely on the wealthy?
15:42 Creating a Trust to offset tax
25:04 Are there significant practical difficulties associated with inheritance tax?
35:08 Doesn't implementing an inheritance or wealth tax help reduce asset prices or control inflation?
42:58 How should one prepare for potential inheritance taxes in the future?
82 एपिसोडस
Manage episode 419803103 series 2484638
Recently, the mere hint of an inheritance tax proposal sparked a mini-political crisis? Thanks to a quick government rebuttal, it’s off the table—at least for now. But that’s not where the story ends.
As always, Deepak and Shray go head-to-head, weighing the merits and pitfalls of this hot-button issue.
We’re not just looking at the problem from 30,000 feet; we’re getting into the weeds, examining real-life scenarios and potential solutions that could impact you and your future.
Government Finances: Can an inheritance tax significantly boost government coffers? Or is it just another drop in the ocean of fiscal needs?
Societal Impact: Will taxing inheritances create a more industrious society, or will it just penalise those who’ve worked hard to create wealth for their children?
Implementation: What if we set the bar high, say at 100 crores or even 1000 crores? Would this make the tax more palatable and targeted?
Practical Hurdles: Imagine inheriting a house or a business. Sounds dreamy until you hit the wall of unrealised gains and logistical nightmares. We’re peeling back the layers on these challenges.
Future Planning: If you’re expecting a windfall 5 or 10 years down the road, how should you plan your finances today? Spoiler alert: It’s not as straightforward as you might think.
So, grab your headphones and tune in. Whether you’re a financial novice or a seasoned investor, this episode promises to challenge your thinking and maybe even make you laugh along the way.
Timestamps:
00:00 Introduction and Disclaimer
01:25 Should we have an inheritance tax?
07:36 What if inheritance tax is imposed solely on the wealthy?
15:42 Creating a Trust to offset tax
25:04 Are there significant practical difficulties associated with inheritance tax?
35:08 Doesn't implementing an inheritance or wealth tax help reduce asset prices or control inflation?
42:58 How should one prepare for potential inheritance taxes in the future?
82 एपिसोडस
सभी एपिसोड
×प्लेयर एफएम में आपका स्वागत है!
प्लेयर एफएम वेब को स्कैन कर रहा है उच्च गुणवत्ता वाले पॉडकास्ट आप के आनंद लेंने के लिए अभी। यह सबसे अच्छा पॉडकास्ट एप्प है और यह Android, iPhone और वेब पर काम करता है। उपकरणों में सदस्यता को सिंक करने के लिए साइनअप करें।