dynasty trusts enable the rich to avoid the taxman forever

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(clicky)how the rich can keep their homes, businesses, valuables and wealth tax free forever, via dynastic trusts
what do you think of this? AFAIC it cannot be good for our nation or the world.

The story behind this is that when trusts were first thought of several hundred years ago, they expired 21 years after the death of the last named beneficiary. So, you had a situation where the great trusts established during the Gilded Age were starting to expire in the early 2000s. So, the rich simply rammed through a law saying that trusts could exist in perpetuity. Now you have a situation where America is starting to look like England, where a handful own all the wealth and everybody else lives in crushing poverty.

and a working majority of clueless sheeple voters enabled this.