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The estate tax does not apply to the first $11.7 million, the children will be fine. If you're wealthy enough for the estate tax to be relevant to you, you're w
by extra88 5y ago
The estate tax does not apply to the first $11.7 million, the children will be fine. If you're wealthy enough for the estate tax to be relevant to you, you're wealthy enough to do estate planning that factors in the taxes due.
The robber barons you're thinking of lived a long time ago and very few of the wealthy today inherited their wealth from them. We should be more concerned about the robber barons walking around today and how our policies benefit so few winners and fosters income inequality.