Rich Scumbag Wants To Cut Taxes For Rich Scumbags

[Pat Mustard]

Nope, you are wrong. 

The limits are not the issue.

Yes, the real issue is that lots of people have gotten fooled into thinking that a tax on unearned income is a death tax.

The fact at the heart of inheritance tax is that by far the vast majority of people get rich not by the sweat of their own brows (nor even the sweat of other people's brows) but by inheriting the family silver. And in quite a lot of cases that family silver has never been taxed either as a capital tax or tax on earnings made from the capital. Therefore one of the few ways to ensure that rich people pay at least some taxes is to slap a tax on inherited wealth.

And that is why, also, up until very recently inheritance taxes were popular with most people, because they understood what they were for.