Textbook Left-wing logic from Rep. Frank: Rich people should have a large chunk of their remaining estate confiscated by the government when they die because their heirs have done nothing to "earn" it themselves. The implication is that the federal government -- which, incidentally has already consumed enormous sums of the deceased individual's income as it was earned -- does
inherently deserve the first bite at the estate apple. Heirs should just grovel in thanks over whatever scraps Congress deigns to allow them to inherit.
(Via Breitbart TV
"Fair enough," allows CNBC's Maria Bartiromo, who completely misses the point: