Actually, if we were going t follow the ultra conservative mantra that states that all wealthy and super wealthy are better because they earned every penny of their wealth, then the government should have an inheritance tax of 100%!! This is because if the inheritors themselves lose all of the inherited wealth, then they get to start all over again, and this is obviously better for their outlook on the wealth that they actually earned!!
Actually, if we were going t follow the ultra conservative mantra that states that all wealthy and super wealthy are better because they earned every penny of their wealth, then the government should have an inheritance tax of 100%!! This is because if the inheritors themselves lose all of the inherited wealth, then they get to start all over again, and this is obviously better for their outlook on the wealth that they actually earned!!