It does not matter how rich the parents or how much the family is worth, this is just plain criminal. If the object cannot be sold or donated because of the Eagle- then it has 0 value. I hope that the courts find in favor of this family.
The idea that there is a 50% estate tax in this country is BS. Why not make it 100% and we can just become Marxist...and be done with it.
The point of estate tax laws is the prevention of the formation of generational aristocracies. I really have absolutely zero sympathy for someone receiving $500 million for nothing.
If they wanted to be an aristocracy they would pull strings so the children are given power and make their own money. I don't see how an estate tax helps here.
