I agree as well. Also, luxury goods (yacht, private airplane, (maybe) jewellery, etc...) should be taxed much heavier than bare necessities (food, clothing). I

I agree as well. Also, luxury goods (yacht, private airplane, (maybe) jewellery, etc...) should be taxed much heavier than bare necessities (food, clothing). I believe some basic amount of wealth should be tax free (e.g. x-amount of square meter living space per person in a household, a car with value up to 25.000 USD perhaps, etc...). I also believe many ultra-wealthy people setup foundations to control their wealth after their deaths, avoid paying inheritance tax and keep wealth inside the family by being able to decide who is on the board of such foundations. Foundations are also used to peddle influence. I believe for these reasons that donations to foundations should not be tax exempt.