[...] people are taxed on the amount received rather than the amount left, as happens under the current system. [...] With a progressive rate structure, this switch would provide a direct incentive to spread wealth more widely. People could pass on their wealth tax free if it were transferred to people who have received little so far in lifetime receipts. In this way, it could contribute to reducing both gender inequality and inequality across generations. More important, the new tax would be patently directed at seeking to secure a more level playing field and thus contributing to reducing inequality of opportunity [...]