rentiers
Beyond a certain level of wealth, it’s hard to see why the law should force parents to turn their children into rentiers.
Beyond a certain level of wealth, it’s hard to see why the law should force parents to turn their children into rentiers.
the party was internally fractious and snidely perceived as inaudible in national policy debates
the French Socialist party
whatever the size of the fortune, children have a right to the réserve héréditaire. Parents may only freely dispose of what's called the quotité disponible, set at 50 percent of the estate when there's one child, 33 percent with two children, and 25 percent with three or more children.
The economic crisis revived the controversy over 'tax dumping,' as critics call it
After the calamitous Hoover presidency, mired for three years in a 'liquidationist' strategy aimed at letting 'bad' banks fail one after the other