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The left should obviously support it on social justice grounds.. But the rightwing arguments for it are if anything stronger.
Inherited wealth, after all is not earned. Noone has a "natural law" right to inherit - because every conceivable inheritance law (Primo, ultimo, agnatic, matrilinial, nephew...) has been practiced widely.
Making the state the heir is thus not a violation of any core principles of etics or law - it is a tax that isn't theft. And the lower it is, the higher all other taxes must be, which is clearly unethical as all hell.
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