re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who

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The federal govt taxing income and then again inheritance has all the makings of double dipping. The inheriting party will be taxed on any subsequent gains or other taxable events once in their possession but the money has already been federally taxed prior to the original earner's death. The sheer act of passing already taxed wealth to another person and generating another taxable event in itself is established only because it's in the tax code. It is double dipping in my opinion.

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Only if they're doing it wrong.

There are so many inequities against the working class, that it always makes me laugh whenever they show all this sympathy for those who really couldn't give a shite about them - at best. Why not set the standard deduction at $100,000 or $1,000,000?

Personally, I don't give a shite about the 1% as I'm pretty sure they're capable of taking care of themselves.