Of course the ones that make the most gain the most. Didn't you learn basic math in school? If there's a tax cut of 10% someone who makes 10 million will reduce his tax by 1 million. If you only make 100k, it will be reduced by 10k.
Inherited wealth is because of parents making GOOD decisions in life. Most people didn't win the fucking lottery mate. They saved up money, made good decisions and showed some soberness when it came to consuming. Also, their children weren't lucky. They were BORN by those exact same parents. It's not like they just found one lucky child in the gutter and woow, what luck you inherited all this money,kid!
And you want to punish those people's children and give the money to children of parents who did nothing right in their life?
Wow..some values. Fucking sums up everything that is wrong with the world today.
Or in this case, because one's grandparent made profitable decisions in life.
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Inherited wealth is typically earned from unfair business practices, in America the most glaring one is slavery.
When you inherit wealth in an estate that's income, so it should be taxed. You are not taxing the person who died, you are taxing the person GETTING the money, because it is income. Why would this income be any different then if your parent just gave you money? If my father gave me a 100k right now it would be taxed so why wouldn't it if he passed and I inherited. Inherited tax is not "what is wrong with the world". Try not to be so fragile lol
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