There's some interesting reading about how the taxes should and should not work in the 5th book of the Wealth of Nations. Most copies only include the first 4 v

There's some interesting reading about how the taxes should and should not work in the 5th book of the Wealth of Nations. Most copies only include the first 4 volumes. While its not complete, you are somewhat limited in what you can do with the tax code incentives, and generational wealth or concentration into a Bourgeois caste is one of many issues that affect socialism more dramatically than our mixed system (though there still is an effect). The inheritance tax is nonexistent. They kept it in entity vehicles until a law was passed excluding it then they dissolved the entities in a year where there were no tax implications (the entire amount was untaxed). Fiat and debt have their own implications when the money printer runs above capacity. Have you seen the derivative exposure for banks listed at the FDIC website?