A quotation from Teddy Roosevelt

No man should receive a dollar unless that dollar has been fairly earned. Every dollar received should represent a dollar’s worth of service rendered — not gambling in stocks, but service rendered. The really big fortune, the swollen fortune, by the mere fact of its size acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means. Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective — a graduated inheritance tax on big fortunes, properly safeguarded against evasion and increasing rapidly in amount with the size of the estate.

Theodore Roosevelt (1858-1919) American politician, statesman, conservationist, writer, US President (1901-1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas

Sourcing, notes: wist.info/roosevelt-theodore/1…

#quote #quotes #quotation #qotd #tr #teddyroosevelt #theodoreroosevelt #deservedness #dividends #earnings #fortune #incometax #inheritance #inheritancetax #interest #investment #labor #oligarchy #onepercent #service #wealth #work #taxation

Listening to farmers telling us how difficult farming is on Woman’s Hour. I don’t doubt that it’s hard work, but if it’s making you ill, maybe do something else?

And quit your whinging about #inheritancetax - even the few farmers that do qualify will only pay half the rate that non-farmers do.

#farming #radio4 #bbc #womanshour

Hyosung Group Chairman Cho Hyun-joon sells 4.9% stake in Hyosung Heavy Industries to U.S. tech fund, addressing inheritance tax and debt pressures through strategic cash-out move.
#YonhapInfomax #ChoHyunJoon #HyosungHeavyIndustries #InheritanceTax #StakeSale #FinancialRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64546

Hyosung Chairman Cho Hyun-joon sells 4.9% stake in Hyosung Heavy Industries for 259.5 billion won to fund inheritance tax payment, maintaining group's governance structure
#YonhapInfomax #HyosungHeavyIndustries #ChoHyunjoon #InheritanceTax #StakeSale #CorporateGovernance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64543

Inheritance tax. Some people are for it, some are against it.
I've read an article that says the majority of inheritance receivers are at age 45-55, when the inheritance has already lost its purpose and is simply an additional income. And young people who actually would greatly benefit from their inheritance, usually do not receive it (parents still alive and kicking) or have to pay huge tax.
So my thought: why not to make tax according to the recipients age? 0-18 years old - 0% tax, and every year to add 1% with the cap of 30%. Then some poor student of 25 would pay 7% tax, and people from 48 would pay the usual 30% (or some approximate sum, I don't exactly remember the number).

#taxes #inheritance #inheritancetax

"or in connection with another significant event (e.g. #InheritanceTax, #Expatriationtax, or #Tariff).[1] In some countries, a #StampDuty is imposed as an ad valorem tax."

Democratic Party proposes legislation to prevent major shareholders from lowering PBR to reduce inheritance tax, aligning with Lee Jae-myung's capital market revitalization stance
#YonhapInfomax #InheritanceTax #PriceToBookRatio #DemocraticParty #LeeJaeMyung #CapitalMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62455

How a Family Investment Company (FIC) Protects Your Business Legacy 🏡💼

✅ Control Retention – Parents keep voting rights & pass shares to heirs
✅ IHT Reduction – Shares gifted early may avoid 40% inheritance tax after 7 yrs.
✅ Asset Protection – Shields family wealth from divorce.

🔹 Future-proof your business

#FamilyInvestmentCompany #WealthPlanning #BusinessSuccession #InheritanceTax #FIC #EstatePlanning

📩 Get expert guidance!

📘 Free UK Property Tax eBook: https://zurl.co/NIm8U

People Power Party candidate Kim Moon-soo proposes comprehensive tax reforms, including price indexation for income tax and corporate tax rate reduction, aiming to alleviate middle-class tax burden and boost economic competitiveness.
#YonhapInfomax #TaxReform #MiddleClassRelief #CorporateTaxRate #InheritanceTax #PeoplesPowerParty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61112

🇬🇧🇪🇸 UK vs Spain Inheritance Tax: What Expats Must Know in 2025!

✅ UK: £325K tax-free, no tax between spouses
✅ Spain: Allowances vary by region & relationship
✅ Risk of double taxation without planning

#InheritanceTax #UKTax #SpainTax #ExpatWealth #EstatePlanning

Free Expat Tax Planning eBook: https://zurl.co/qfZAm
Free UK Property Tax eBook: https://zurl.co/FqD4Q

Minimise or Avoid UK Inheritance Tax (IHT)! 📉

✅ Use the £325K Nil-Rate Band – Anything below this is tax-free.
✅ Gift Assets Early – Avoid IHT if you survive 7+ years after gifting.
✅ Use Trusts & Family Investment Companies – Tax-efficient wealth transfer.
✅ Invest in IHT-Free Assets – AIM shares, pensions, and more.

🔗 Free Tax eBooks:
📘 UK Property Tax: https://zurl.co/Z5801

#InheritanceTax #WealthPlanning #IHT #UKTax #FinancialFreedom

No billionaire has a right to exist Others earned it for them.

The fallacy that billionaires are special people who earned their wealth from their innovation must be exposed. A rigged capitalist economic system is their game.

#billionaire #billionaires #capitalism #InheritanceTax #LegalTheft #WealthTax

https://wp.me/p1OjMZ-nnV

What is the Current Inheritance Tax Threshold? 💰❗

✅ In the UK, the Inheritance Tax (IHT) threshold is £325,000.
✅ Anything above this is taxed at 40%, unless exemptions apply.
✅ You can increase this to £500,000 with the Residence Nil Rate Band!

Plan ahead to avoid unnecessary tax!

#InheritanceTax #IHT #TaxPlanning #WealthManagement #EstatePlanning

📖 Free Expat Tax Planning eBook: https://zurl.co/lDpx8

Reduce UK Inheritance Tax with the Residential Nil Rate Band! 🏡💷

✅ Extra £175,000 allowance per person
✅ Pass your home tax-free to direct descendants
✅ Plan early—protect your family's inheritance

#InheritanceTax #UKTax #EstatePlanning #FinancialFreedom

📗 Free UK Property Tax eBook: https://zurl.co/f6Sgy

Protect Your Wealth with a UK Family Investment Company (FIC)! 🇬🇧

✅ Tax-efficient family wealth management
✅ Secure your legacy and control asset distribution
✅ Ideal for affluent UK families planning inheritance

#FamilyInvestmentCompany #UKTax #WealthPlanning #InheritanceTax

📗 Free UK Property Tax eBook: https://zurl.co/4aATE

Can a UK Family Investment Company (FIC) be dissolved? ⚖️

Yes, but the implications can be costly. Before closing a FIC, consider:

✅ Capital Gains Tax (CGT) on asset disposals
✅ Corporation Tax on retained profits
✅ Inheritance Tax (IHT) impact on wealth transfer

Plan ahead to avoid tax pitfalls!

#UKTax #FamilyInvestmentCompany #WealthPlanning #InheritanceTax

📖 Free UK Property Tax eBook: https://zurl.co/o02yN

How a Family Investment Company (FIC) Protects Your Business Legacy 🏡💼

✅ Control Retention – Parents keep voting rights & pass shares to heirs
✅ IHT Reduction – Shares gifted early may avoid 40% inheritance tax after 7 yrs.
✅ Asset Protection – Shields family wealth from divorce.

🔹 Future-proof your business

#FamilyInvestmentCompany #WealthPlanning #BusinessSuccession #InheritanceTax #FIC #EstatePlanning

📩 Get expert guidance!

📘 Free UK Property Tax eBook: https://zurl.co/NIm8U

President Yoon's impeachment weakens economic policy momentum, affecting essential supplementary budget and inheritance tax reforms, amid political uncertainty and shifting priorities.
#YonhapInfomax #YoonSukYeol #Impeachment #EconomicPolicy #SupplementaryBudget #InheritanceTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57187

📢 Tax Advantages of a UK Family Investment Company (FIC)! 💰

An FIC offers tax-efficient benefits for high-net-worth families. ✅

✔ Corporation Tax Savings – Lower tax rates than personal income.
✔ Inheritance Tax Benefits – Protect family wealth from 40% IHT.
✔ Flexible Profit Distribution – Control dividends & capital growth.

#FamilyInvestmentCompany #WealthManagement #TaxPlanning #InheritanceTax #UKInvestments

📘 UK Property Tax Guide: https://zurl.co/hGILo

What is the 'Seven-Year Rule' in Inheritance Tax? ⏳💰

Worried about Inheritance Tax (IHT)? The seven-year rule could save your family thousands!

✅ Gifts given 7+ years before death are tax-free
✅ Gifts within 3-7 years may get taper relief
✅ Gifts within 3 years face 40% tax

Plan ahead to reduce IHT!

#InheritanceTax #EstatePlanning #WealthPreservation #FinancialPlanning #UKTax

Free Expat Tax Planning eBook: https://zurl.co/NT42R
Free UK Property Tax eBook: https://zurl.co/Bi9aV