Yes, I do I'm not saying it's nice.
But it is a way to stop the cumulation of money in a smaller and smaller number of peoples hands.

It's all about compound interest of savings at it's most basic, the effect of compound interest on a population is limited by the fact that people have to spend money and that people die within about 80 years. An estate in itself doesn't have that problems (they probably have to spend a bit of money) cutting out 40% every 80 years is to stop it getting out of control.
(PsychoChomp, Wed 29 Aug 2012, 11:10, 1 reply, 13 years ago)

Not saying it's nice.
But it makes pragmatic sense.
(PsychoChomp, Wed 29 Aug 2012, 11:10, Reply)

I think I should say it's not nice a third time

(PsychoChomp, Wed 29 Aug 2012, 11:12, Reply)

Once, Twice, Three Times a Nice

( sporters I’m sincerely gratitude to you, Wed 29 Aug 2012, 11:13, Reply)

Are you saying that it's nice?

( tangledupinblue hairy badge with moving eyes, Wed 29 Aug 2012, 11:13, Reply)