298. Wealth and Inequality: Should Inheritance Be Abolished? (English Vocabulary Lesson)
Patreon Exclusive Vocabulary Resources - https://www.patreon.com/thinkinginenglish Patreon - https://www.patreon.com/thinkinginenglish What is inheritance? Should inheritance be taxed? And if so, at what level? Today I want to talk about wealth, inequality, and whether or not we should change our system of inheritance in the future! Transcript - https://thinkinginenglish.blog/2024/05/27/298-wealth-and-inequality-should-inheritance-be-abolished-english-vocabulary-lesson/ My Links Patreon - https://www.patreon.com/thinkinginenglish TEST YOUR ENGLISH LEVEL - https://thinkinginenglish.link/placement-level-test/ Thinking in English Bonus Podcast - https://www.patreon.com/collection/10513 NEW YOUTUBE Channel!!! - https://www.youtube.com/@thinkinginenglishpodcast INSTAGRAM - thinkinginenglishpodcast (https://www.instagram.com/thinkinginenglishpodcast/) Blog - thinkinginenglish.blog VOCABULARY LIST Inheritance (Noun): Property, money, or assets received from someone who has died. Progressive Tax (Noun): A tax system in which the rate of tax increases as income or inheritance increases. Wealth (Noun): The amount of valuable possessions or money owned by an individual, family, or society. Asset (Noun): A useful or valuable thing or person. Estate (Noun): All the money and property owned by a particular person, especially at death. Meritocracy (Noun): A system in which advancement or success is based on ability or achievement rather than on factors such as age, race, or class. Inequality (Noun): Difference in size, degree, circumstances, etc. --- Support this podcast: https://podcasters.spotify.com/pod/show/thinking-english/support Learn more about your ad choices. Visit megaphone.fm/adchoices