@EconDerek @michael_hendrix It's a bad idea to force people getting the highest return on their capital to remove it from the market. It's also a huge compliance headache / loss to the economy to come up with yearly valuations. I do support estate tax reform so it taxed in the end.
@EconDerek @michael_hendrix My particular objection is around tech startups where the valuations are huge and volatile and yet the young company is not profitable and founders may have no other assets.