100% inheritance tax would be ideal, but it's never going to happen in practice.
Remove the greatest incentive for long term investment, what could go wrong?
There's absolutely nothing ideal about being unable to give the things you worked for to your loved ones when you die. It's incredibly callous and devoid of compassion to do that to people.
My father has a wonderful collection of model trains. It’s rather valuable in money. I have been playing with his trains since I was a young boy. Good memories.
Are you telling me that if I can’t afford to pay the state the full value of that train set, the trains will go to a government auction?