It's not just about inheriting money. The cost of housing and schooling is so outrageous that the vast majority of the people getting ahead are doing so heavily subsidized. Renting a slummy apartment and buckling down for a few years in school really isn't an option for many anymore, or at the very least it's significantly harder to do without accumulating large amounts of debt. Then post graduation job options don't pay as well as they used to relative to cost of living.
Personally, I think so estate tax could actually make that worse, as it would encourage parents to give their children more advantages at a younger age.
The solution is to decrease the cost of living.
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