Just the wealthy. Estate taxes have (in the USA) applied only to large estates.
> on the premise that they probably wronged society
Some wealth is inherited now, but large gains (extracted from the market) are generally the result of exploitation.
> anyone with a brain is gonna conveniently go broke before they die
That's already happening, they call it The Giving Project.
Oops, too late.
I do not understand this sentiment one bit. To think that we should implement equality by pulling people down to the mean is, frankly, insane. That does nothing to help anyone - its a stance based solely on anger and jealousy. Your policy would literally decrease the average quality of life.
Would you be happy if everyone was destitute? At what point do you realize that actual quality of life matters more than perfect equality?
We achieve equality by bringing people up, not tearing them down. If you think we need more tax money to accomplish that goal, I would argue that we have much more of a budgeting problem than a tax income problem, but I understand the sentiment. But to think that the appropriate tax vehicle is to explicitly destroy lives is not an American ideal.
Firstly anyone with a brain is gonna conveniently go broke before they die if you try and pull something like that.
Second I'm struggling to find words for just how fundamentally wrong, unethical and dystopian the assumptions that underlie your comment are. I and a hell of a lot of people don't want to live in a society where assuming malice is the default like that.