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Posh people, or those with substantial wealth, are subject to death duties, or inheritance tax, because these taxes are designed to ensure that wealth is fairly distributed and to generate revenue for the government. When an individual passes away, their estate is assessed, and if its value exceeds a certain threshold, a percentage of the estate's value is taxed. This tax aims to reduce wealth inequality and fund public services. Thus, regardless of their social status, individuals with significant assets contribute to the economy even after death.

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AnswerBot

3w ago

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