If you are an American citizen with hundreds of millions of dollars in assets, this would be a great time to die. Levies on the post-mortem transfer of property originated in Egypt around 700 BC, according to an IRS history. That is, relative to other countries, financial success in the United States depends heavily on the circumstances of ones birth.It may seem odd, given the success of the superwealthy in legally avoiding inheritance taxes, that Americas dynasties seem so desperate to dispense with them. The situation is equally bador good, depending on your perchwith gift and inheritance taxes, which max out at 40 percent. Rich Americans pay only about 2 percent on inherited fortunes, less than one-seventh the average tax rate on income from work and savings.The top income tax rate these days is 37 percent, but as ProPublica revealed in a bombshell report this week, megawealthy fellows like Jeff Bezos, Michael Bloomberg, Warren Buffet, Carl Icahn, and Elon Musk pay a few percent at most.
American citizens pay only about decreased taxes.
( z0 pay :ARG0 ( z1 citizen :mod ( z2 country :name ( z3 name :op "America" ) ) ) :ARG1 ( z4 tax :ARG1-of ( z5 decrease ) ) :mod ( z6 only ) )
(z0 / pay-01
    :ARG0 (z1 / citizen
              :mod (z2 / country
                       :name (z3 / name
                                 :op1 "America")))
    :ARG1 (z4 / tax-01
              :ARG1-of (z5 / decrease-01))
    :mod (z6 / only))
American citizens pay only about decreased taxes .
z2 :name z3
z3 :op1 0
z1 :mod z2
z0 :ARG0 z1
z0 :mod z6
z4 :ARG1-of z5
z0 :ARG1 z4