Since the Reagan years, Woody and his pals have decimated the inheritance tax (cutely renaming it the "death tax") resulting in a huge transfer of wealth to people who have done absolutely nothing to earn it.

There's a key context here - legally, they own it. They wind up being accountable, in some manner, to stockholders, partnership teams, etc. They concept of ownership tends to get overlooked in these conversations. Unless they acquired the wealth through fraud or serious legal breach, it's theirs because someone chose/planned it that way (or possibly by default if there was no formal method of transfer, but that winds up getting messy)

You and I should start our own TV show....remember the McLaughlin Group? :)