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A comment on The Greatest Wealth Transfer in History Is Here, with Familiar (Rich) Winners. Parent comment

Re:The Greatest Wealth Transfer in History Is Here, with Fam... by MarkMarine on Sunday May 14, 2023 @09:50AM (#35937959)
People in the middle class don’t have 20 million, or 10 million.
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Re:The Greatest Wealth Transfer in History Is Here, with Fam... by sokoloff on Sunday May 14, 2023 @10:03AM (#35938082)
That they don't is all the more reason to not tax what they do have at 18-40% when they die and pass it to their heirs.
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Re:The Greatest Wealth Transfer in History Is Here, with Fam... by standardUser on Sunday May 14, 2023 @10:23AM (#35938222)
Do you have a link to a proposal that suggests taxing inheritance for fortunes under $10 million at 40%? From what I understand, if the exemption reverts to previous levels, that would sit at about $6 million (an absurd amount of money to "middle class" families) and would only apply to the value beyond that $6 million. So even a fortune of $10 million would be taxed at well under 40%.
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