Regardless of work ethic or competency, employees are expendable. Stockholders, still a minority of the population in total numbers, and a very small minority in terms of percentage of ownership, now reign supreme. Wealth without work is the new American ethos. The fact is we cannot all be individual business owners and entrepreneurs. This is simply an economic impossibility.
Someone has to do the actual work to create wealth.
Consequently, I support the current progressive tax structure in America today, including the inheritance tax. Without it, the vast majority of us would be born simply to serve a new aristocracy. I know that I am very lucky to live in the U.S. and that my taxes go to provide me the wonderful country I live in. But every time I see the space shuttle blasting off into space, though thrilling, I always wonder why we can fly to the moon, but we don't feed starving children who have no health insurance. Every time that bill comes, I have to figure out what other bills to not pay or ask my parents for help.