>>>It's pretty easy, really.
>>>90% tax rates on inherited wealth and much higher tax rates in the very high income brackets.
>>>I'm flexible on the deductible amounts, but passing along billions is unacceptable.
>>>Those rates were in place after WWII - and the country prospered - but they were gradually eroded by the anti-government rants of the wealthy.
>
>I know a US gazillionaire family with all assets in trust from which giant ca$h crumbs fall for the wastrels. Their inheritance? $0. Perpetual trusts shield from capital gains and death taxes, as well as personal liability in the event of a business faiilure.

True, but you already have to shop for good habitats of those. If such a trust is clearly aimed at keeping offspring sheltered, it will get repeatedly taxed over here - IIRC every 30 years 25% or something similar.
Still,advantage is in smart money court.