Quote Originally Posted by BankruptcyGuy View Post
Estate tax hits a VERY small percentage of the population:

...

This is one of the many areas where what most would think are sound theoretical taxing policies conflict:

a) we want people to keep what they earn; and
b) we want to discourage dynastic wealth by forcing either transfer or investment, etc.
Not in conflict at all. The person who earned the money is, by definition, dead. Since the person receiving the money did nothing to earn it, there's no moral imperative that they be allowed to keep it.