Oh I pay a lot. I'm single and make $100,000 a year. No kids. No write offs. So I max out my 401K and I save an additional $20,000 a year above that. I don't consider myself rich but I am upper class.
What is rich? 11.71 million. You won't pay a death tax on 11.70 million your daddy leaves you. But you will pay a death tax on every dollar over that amount. I think you'll be fine.
When a person dies, their assets could be subject to estate taxes and inheritance taxes, depending on where they lived and how much they were worth. While the threat of estate taxes and inheritance taxes is real, in reality, the vast majority of estates are too small to be charged a federal
estate tax—which, as of 2021, applies only if the assets of the deceased person are worth $11.70 million or more.
So our government decided rather than raise your taxes, we have this death tax on RICH people. Why you crying about it? It's not fair? WAAAAH