This is why we need the estate tax (Paris Hilton tax or death tax as opponents like to say) to stay and probably increase in rate.
> For 2017, the estate and gift tax exemption is $5.49 million per individual, up from $5.45 million in 2016. That means an individual can leave $5.49 million to heirs and pay no federal estate or gift tax.
This is plenty generous. We should tax any estate beyond that at a minimum of fifty percent and close all loopholes.
I am not a big fan of income tax on businesses but I can see why we need it.