The social democrat (sic!) government in Sweden abolished the inheritance tax ("death tax") in 2005. The main reason to do this was that the tax caused many small businesses to go out of business when the original owner died and his inheritors had to sell off part of the business to be able to pay the inheritance tax.
The inheritance tax was good for big business that could buy small business ventures that were not able to afford the "death tax".
I’m 55. Been a lawyer for almost 30 years. I have not known, either through family, friendships, school or business, a single person who died in suspicious circumstances (I don’t practice criminal law). The number of suspicious deaths of those connected to the Clintons is so staggering that the odds of “coincidence” are a mathematical impossibility. That the media continue to ignore the body count is the only proof anyone needs of the media’s corruption. If Capone had been elected President the media would had to cover up less carnage than they’ve had to do with the Clinton Nostra
I believe farms in the US are accorded some special treatment as well; too many people forced to sell them to pay the death tax.
When you look at how our standard of living is falling, we are reaching a point where the death tax is meaningless to many people who expect to die with nothing. We’ve gone from owning homes and cars and raising families to renting/leasing homes and cars and raising pets instead, and those already in homes are enticed to sell them while still living via “reverse mortgages”; for many Americans today (far more than in the past), there will be nothing left to pass along to the next generation. FWIW, for many Americans today (far more than in the past), there are no children to inherit anything anyway...