The rich are also the powerful because money is power, so let's say that you establish a 100% inheritance tax. No problem if you're rich, you just spend your money while you're alive to powermonger your kids into enviable positions where they get a bunch of the money everyone ends up having to give to the government because they're sooooo careful with everyone's money.
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I'm with you. People are so focused on the destination that they completely ignore the journey people used to get there.