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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/
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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.
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By Thomas Wilkinson
4.8
7979 ratings
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
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