> Should parents be allowed to try to give their children a boost in life? Like many things in social contract, the answer is - okay to a reasonable degree, bu

> Should parents be allowed to try to give their children a boost in life? Like many things in social contract, the answer is - okay to a reasonable degree, but extremes should be discouraged / forbidden. Some concrete examples: annual limits on gift taxes, inheritance tax beyond a certain estate size etc. Policies which will level the playing field between rich and poor kids: - very high rate of inheritance tax beyond $1M estate (some reasonable adjustment for inflation) - no legacy based admissions for any university benefitting from govt money - funding schools strictly at state level; not allowing local district to fund extra school activities in any way (because that is prone to gaming) - CA specific: disallowing inheriting tax basis for inherited homes (one of the most stupid aspects of Prop 13 and CA housing policies)