re: #685 Olsonist
Your parents and you are not worth X. They are worth A and you are worth B. A+B=X.
WE are a family. I am differentiating this tax from all other taxes because I find it far more intrusive.
However, in your example, let me fix your equation.
Pre mortem
A+B = X
Post mortem
0+X = X
where’s the income? why can’t this transaction remain between me and my parents? they didn’t PAY me to perform a service. I am TAKING their money.