>>It is OK they spend THEIR money as they wish.
>
>No it's not. They live in a society that requires tax monies.
>
>The country that is enabling them to be rich is not functioning well for the majority if its citizens.
>There are many reasons for that - but among them are the policies of the past 40 years that have concentrated wealth into the pockets of a small part of the population.
>One way to counter that concentration- and to finance needed programs - is to tax inheritance at very high rates.

So what stops those with family biz to sell their shares / farm / restaurants for $200 ?
Why not give them jobs in own company at a salary enabling transfer at rates of income, not those high rates you wish for inheritance ?

I am totally with you that quite a few policies were wrong, but increasing tax intake is not the way to teach to poor to fish, but guarantees more offices creating paper work describing why the fish cans given to the poor need to be smaller / more sturdy and so on.