Details are just victim-blaming!

I used to tell tax hating GOPers that I hope to pay $10 million in income taxes next year. They were too stupid to get that would mean I made about $30 million.

Try $50M to $60M

After the first million or so you could hire a smart tax lawyer and then the rest of your income would not be regular income, but you would have maybe a dozen LLCs each with specific pass through purpose. And you would be paying long term cap gains on those LLCs in a year or so (they would be making the rest of your $60M).

it myself from a google search. But you do have a point about the way it works.

estates in excess of $5 million ($10 million for joint estates) and even then only for the amount EXCEEDING the $5 million dollars I don't feel terribly moved by her predicament.

If you are getting taxed on over $5.5 million I dont feel sorry for you.

Inherited wealth leads to aristocracy.

And paying taxes on that can get a little exciting, especially if you've got to figure out how to fund operating or maintenance costs. But it's still a $6 million inheritance. Any halfway competent banker can help you through it.

Just think of how many thousands, probably millions of people we could lift out of poverty if we, as a country would practice sensible and fair land reform.
It's absurd for one person or one family to inherit a $5 million dollar farm, it leaves the majority of citizens as serfs.

Are you sure about that? Maybe I'm reading that wrong... (from each person instead of for each person?)

It's the Estate that pays the taxes, not the heir. As I understand it (which is casual, as neither of my parents having anything approaching $1 million, much less $5 million), the tax applies to the portion above the limit, the heirs split what is left. So, for a couple dying this year with an $11 million estate, federal estate taxes would apply to just the $20,000 above the $5.49 million limit per decedent. Doesn't matter how many heirs there are.