What is wrong with the 'death tax'?. By the way, the term 'death tax' invented by Conservatives to make it sound more onerous than it is. It used to be called the 'inheritance tax'. Whatever it is called, the tax is levied against those who materially gain from inheriting wealth. What is wrong from collecting a part of a large fortune being passed on to people who may ultimately waste it? By the way, the argument that the tax represents double taxation may or may not be true. The wealthy are far more able to hide their assets in tax shelters, so the large estate being left may have large portions never taxed once(or at a lower rate than the law specifies). It is foolish to remove this tax, because whatever revenue shortfall it causes will be need to be recouped somehow, and the burden will fall on the ordinary tax payer, who can hardly afford it.