> because they’re definitely going to have enough value for the $100MM threshold to apply to them. Tax cutoffs have this habit of drifting downward over time (

> because they’re definitely going to have enough value for the $100MM threshold to apply to them. Tax cutoffs have this habit of drifting downward over time (the whole, "eventually you run out of other people's money" thing). See the original revenue act of 1913 (modern US income tax). At first it was 1% starting at today's equivalent of $93K and didn't go any higher until you made the equivalent of about $500K. And today, well, it's a little different. New taxes are always pitched this way -- "oh it'll never affect you, just those rich people, what's your problem?"