I am a capitalist. A libertarian capitalist.
The point of having wealth is to decide who will benefit from that wealth.
What is the point of having wealth if the state rather than the earners decide where the wealth go?
I earned my wealth. I decided that it'll go to my children.
If a state prohibits that from me, I will move to another state that allows it. It's as simple as that.
And those states will run out of productive people.
Too much socialism, in general, is stupid.
Actually precisely because any rich people can simply buy bitcoin and give money to their son secretly, prohibition of inheritance tax is stupid.
In the end, like socialism and income taxes, it'll just make investor and productive elements go toward the country. The country will become another Venezuela.
The countries in the world are like shops. The tax is revenue. The voters are the owners. And the productive people and taxpayers are like the customers.
If you prohibit inheritance tax, why would productive taxpayers want to come or stay in your country? The country will be like shops with no customer for being stupid.