>>>Bill isn't really suggesting that inherited money be confiscated. He is suggesting, and I agree with him, that above some threshold (which should be indexed to inflation, in my view), it should be heavily taxed. At a minimum, it should be taxed the same as any other income. After all, money is taxed every time it changes hands.
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>>So, family farms should not be passed down through generations?
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>Micheal,
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>Up here we do have inheritance taxes and farms are passed from father to son. Op paper they need to take over the farm little by little every year, or else indeed they will be taxed heavily.
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>Its not a simple topic, there are lots of buts and ifs

Yes, it's complicated.
My wife's family came from a small rural village in Bavaria.
Taxes are an issue, but so is the issue of how to distribute the inheritance among the heirs.
In some cases they split up the farms and after several generations there are tiny adjacent patches of land that are useless.
More frequently one person inherits the land, but must pay off the other heirs over a long time.
My mother-in-law received payments like that from her older brother throughout her lifetime.
That cycle goes on for each generation.
Taxes are handled the same way- paid out over long periods.