Here is a sanity check with a reference to the foundation of this country:So we should punish the rich for being smart with their money.
When a wealthy person part of the 0.1% dies, should the wealth they accumulated throughout their life be returned to society from whence it came, or should they be allowed to pass on all/most of it to their "inheritors" who are then wealthy enough to not have to work a day in their life? Such persons would then be free to live on the interest the wealth generates and also have enough to contribute financially to political campaigns to ensure they have political power. The coagulation of that wealth would then predictably create an elite "ruling class".
If you voted for Mitt Romney (advocate of total repeal of estate tax) or Trump (edit: who doubled the estate tax maximums), e.g. Republican, then congrats, you voted for "Let them eat cake."
Last edited by Itsuki235,
, Reason: as above