re: I don't understand inheritance tax

I bust my hump every day at work and over 1/3 of my income is paid in taxes.

Johnny Moneybags won the sperm lottery and his trust fund gives him the same amount I make, but all his money is taxed at qualified rates, ad he's lazy and useless.

I hate estate taxes but I understand the desire to tax trust fund babies extra since all their "income" is at preferential rates. I don't agree but I understand.