re: #114 kirkspencer
This was, during the 19th century, the reason for the estate tax.
Consider that anything less than a million is untaxed. Then consider how much screaming there is about 50% on everything above that amount. “Oh, dear, the dependents will be out on the street if kept to a mere million.”
/spit
I think the exemption federally is currently more like 5 million.