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Earn a living is taxed. Groceries and clothing are taxed (in my state at least). Homes are taxed. Investing your hard earned savings back into our economy is taxed.

Getting a large sum of money from your extremely wealthy parents is also taxed.

Why is the last of these things less deserving of being taxed than the ones before it? If anything, it should be the other way around.

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Taxes occur on business transactions (eg: groceries, clothing) which have a high tax (say 8%) since the transactions are smaller and monetary value of the tax is low.

Taxes on assets (real estate, stock capital gains) tend to be lower percentage value bc the asset price is high, thus the monetary value of the tax is high.

Inheritance tax seems to be a high tax on large assets, when no transaction occurs - just a transfer of ownership. If we did use that transfer to parallel a real estate transfer - then the value of tax should be a small percentage.

You call 8% sales tax a high tax rate, but 15-20% capital gains low. Explain?

Agreed - lapse in thinking.

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