>>>How is that for the 'victims' ?
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>LOL.
>
>Seems to me the US needs to institute prestigious awards similar to the Knighthood. Right now, for many of these people the only "award" is the size of the bundle they can scoop off the middle class. Creating an award associated with civic duty might help restore some balance. After all, once you have $50M it's more than you can spend so it makes little sense to spend the rest of your life trying to grow it to $500M, but that's the only yardstick they know. Give these people something else to aspire to and who knows what might happen.

Another idea would be to limit inheritance to let say 50M per child/heir.
The rest they can spend on gifts, their own pleasure or charities/foundations but while they are alive.
So you can either spend it, or give it to charities. My take is that most of them would decide to spend it one way or another, rather then leaving it to taxman (whom they creatively cheated all their lives)

Wander how many jobs would have been created if all those rich people (who we never heard of) are all forced to spend their fortune during their lifetimes. Instead of pushing millions of those who have no money into (over)consumption (via bank loans, credit cards, Xmass, halloween etc) and creating piles of personal debt, how about 'stimulating consumption' by those who already have billions to their names.

I see no real victims except for various P.Hilltons, x.Cardashians or EnNicolSmith types, that would have to be tad more careful about their pocket money. I fail to see much bad in that ;)