We honor the principle of equality by applying the same rate to everyone at the same income level. Ken Meissner, former legislative counsel to Joint Committee on Taxation Cols. Warfare occurs when people physically attack each other, not when they engage in rational discourse. Farms and small business can exempt even more. GW's tax plan calls for a total estate tax repeal, even for billionaires.
Many legislators prefer reducing the top bracket rate and raising the exemption.
Because generations who don't have to work would blow their inheritance. I believe that. I'm not kidding you. GW Bush on how great family fortunes would be broken up without an estate tax. If they give Daddy's money to the Ferrari dealer, he'll re-circulate it through society.