And for deferred health savings accounts, 401k s , IRAs and Roths, college funds, this wealth will would not be re distributable until the 2nd 50-year cycle completion after the money is withdrawn...provided it is not self-redistributed as a gift or wage to someone outside the family estate ....
And all deferred accounts would be subject to maximum contribution limits and 100% taxation of all unauthorized withdrawals...
Would a thriving economy still be able to exist in a nation with a practice like this I am describing?
Only twice a century...a full redustribition of all accumulated wealth and property (excluding those untouched deferred accounts)....
And suppose there were serious punitive consequences (prison and forced labor) for evading the 50-year obligations to redustribute all your touchable accumulated wealth
And all deferred accounts would be subject to maximum contribution limits and 100% taxation of all unauthorized withdrawals...
Would a thriving economy still be able to exist in a nation with a practice like this I am describing?
Only twice a century...a full redustribition of all accumulated wealth and property (excluding those untouched deferred accounts)....
And suppose there were serious punitive consequences (prison and forced labor) for evading the 50-year obligations to redustribute all your touchable accumulated wealth
If wealth were redistributed once every 50 years...
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