Imagine the limit of a $0 exemption for the US estate tax. What an unbelievably unpopular and inconvenient thing. The middle class selling dead parents houses t

Imagine the limit of a $0 exemption for the US estate tax. What an unbelievably unpopular and inconvenient thing. The middle class selling dead parents houses to cover inheritance. Many small businesses dismantled. Liquidating stock portfolios in poor market conditions. Those of any means whatsoever would jump through hoops to avoid the harm and hassle. The burden and overhead of the gifting and paperwork would consume excessive amounts of time in what is not useful economic activity.