> Tax wealth, Perhaps. However an extremely high inheritance tax is an irrational way to do that. It would incentivize everyone to spend all their money/wealth

> Tax wealth, Perhaps. However an extremely high inheritance tax is an irrational way to do that. It would incentivize everyone to spend all their money/wealth before they die e.g. directly or just by selling all their property and buying an annuity. A massive increase in consumption wouldn't necessarily be the best outcome. Though I do see some benefits. > we have to stop all this inheritance bullshit. That would only work if you ban parents from giving any gifts or financial support to their children. Which is a very slippery slope...