Exactly why I think returning to an 80% top estate tax is fair, which is what we had in the US for the bulk of the 20th century [1]. It's only after Raegan that the rates dropped. And not surprisingly, that's exactly when wealth inequality started to skyrocket. IMO 80% on anything over the first $500K-1M indexed to inflation is totally reasonable.

Money in state pockets is de facto distributed to every citizen. Once it's in the state coffers, citizens can vote on its' use. You can't do that when Bezos' hypothetical idiot child has it.

[1] https://en.wikipedia.org/wiki/Estate_tax_in_the_United_State...