I find it funny just how much public mindshare the Estate Tax gets in the US: "only the largest 0.2% of estates in the US will have to pay any estate tax" http

I find it funny just how much public mindshare the Estate Tax gets in the US: "only the largest 0.2% of estates in the US will have to pay any estate tax" https://en.wikipedia.org/wiki/Estate_tax_in_the_United_States https://en.wikipedia.org/wiki/Estate_tax_in_the_United_State... The estate tax is there to stop (or at least slow) the systemic rise of a new monied aristocracy. In any case, if you want to leave loads of money to your kids, the answer is "don't wait until you die", because you can give them a huge chunk each year before seeing that tax. > I'd look to lower the inheritance to children to say 10% and abolish trusts that fund generations of lazy, spoiled brats living from their great-great-grandfather's money. How would giving them the money directly instead of via a trust fund stop that behaviour?