> That's hardly hammering the little people.

Agree. It hits the (upper) middle, as with most of the tax code afaict.

I rarely resent paying tax until I see how little people earning multiples of me get away with paying.

There are always unintended consequences. (This isn't an argument for not having an inheritance tax, it's an argument for being clear-eyed about the trade offs).

In the case of inheritance tax, it has resulted in a lot of British cultural treasures being shipped to the US to be auctioned.