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But we saved everything 🙂.
Kevin Bryan, industry influencer, argues that it is immoral to give substantial financial wealth to heirs who have not earned it.
He points out differences between the U.S. and Europe regarding inequality, highlighting that many members of Europe's wealthy class inherited their fortunes. Bryan suggests that philanthropy and encouraging children to work are preferable alternatives to passing on unwarranted wealth.
Bryan has previously discussed tax policy and wealth issues in public forums. He recently weighed in on the debate over California’s wealth tax, highlighting concerns about fairness and high marginal rates. In an earlier article, he supported reforms that would provide tax advantages for reinvested capital from exits.