>>>So what is the point? Punish the rich?
>>
>>At some point, it's not just a "family farm." If it's worth $100M and has, say, 100 paid employees, is it still a "family farm"? What, exactly, is a "family farm"? Is it one in which only family members work there? One with a limited number of outside employees?
>
>You have nailed the crux of the issue.
>Somebody else gets to decide how much is too much.
>
>You seem comfortable with $5m being "too much"
>
>There are many hard working poor people in the world who would evaluate your families material success and
>they would be very happy to vote themselves a piece of it.
>
>A big piece of it.
>
>You would probably disagree.

We had the same discussion here for generations. Last year the politicians finally came to their senses, and from January 1st 2014 we don't have any inheritance tax at all, 0%. No lower or upper limit, zero tax. The logic is that tax was paid when the money/values were earned, and double taxation is plain immoral.