> Why should a person be rich just because their parents were rich?

That's the problem with many policies and tax schemes. Their goal is not to make us better off but to manipulate or enforce someone's vision of fairness, often just thinly disguised envy.

Which in turn leads to all kinds of exceptions for politicians' pet projects, tax breaks for selected industries and just plain corruption.

Also, inflation is a wealth tax only on those whose wealth is in dollars.