[technothrasher]

Federal inheritance taxes. There are also state inheritance taxes in many states. NY, for example, kicks in at ~$7M. MA kicks in at $2M.

[ceejayoz]

> NY, for example, kicks in at ~$7M.

Won't someone think of the children? The very wealthy children paying a 3% marginal tax rate on some of their multi-million dollar inheritance?

[steveBK123]

Honestly my experience with most of these kids is they are so innumerate they won't even notice the tax

[buellerbueller]

poor little multimillionaire :( my heart breaks for their 90th percentile wealth.