One of the major reasons for the enactment of the Federal estate tax was to prevent large amounts of wealth from being accumulated within the family unit.

Question

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The Federal estate tax was enacted to prevent the concentration of wealth within a few families and to promote a more equitable distribution of wealth among society as a whole. It is designed to tax the transfer of property at death and to discourage the accumulation of vast amounts of wealth within a single family.

One of the Major Reasons for the Enactment of the Federal