1. You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.
2. What one person receives without working for...another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of the people get the idea that they do not have to work, because the other half is going to take care of them, and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, that is the beginning of the end of any nation.....
Our current president raised record amounts of money for his campaign, and is on his way to breaking the record. Does he really need all that money to win? Isn't that buying an election?
I don't deny the existence of what you brought up. But, first, in all honesty, what percent of our society do you think fall in that category? Second, in your democracy and system of capitalism (aside from a fair and efficient tax system) are you suggesting to punish those who succeeded in their life and accumulated enough to leave for their children, (above and beyond the tax system) so that there will be more equality in the society? If so, please tell me how do you define socialism?
And Bill Gates's father has written a book arguing that an estate tax is good for the country: