individual beneficiary. This tends to prevent the unfair guarantee of
riches to individuals regardless of their own worth and efforts. But to
suggest, on the other hand, as has often been done, that inheritances
should be confiscated by the government altogether, shows a lack of
appreciation of the value of a reasonable right to bequeath in
encouraging larger families among those having a high standard of
living. It is not desirable to penalize the kind of strains which
possess directing talent and constructive efficiency; and they certainly
would be penalized if a man felt that no matter how much he might
increase his fortune, he could not leave any of it to those who
continued his stock.

The sum exempted should not be large enough to tempt the beneficiary to
give up work and settle down into a life of complacent idleness, but
enough to be of decided assistance to him in bringing up a family:
$50,000 might be a good maximum. Above this, the rate should advance
rapidly, and should be progressive, not proportional. A 50% tax on
inheritances above $250,000 seems to us desirable, since large
inheritances tend to interfere with the correlation of wealth and social
worth, which is so necessary from a eugenic point of view as well as
from that of social justice.

The Federal estate law, passed in September, 1916, is a step in the
right direction. It places the exemption at $50,000 net. The rate,
however, is not rapid enough in its rise: e.g., estates exceeding
$250,000 but less than $450,000 are taxed only 4%, while the maximum,
for estates above $5,000,000, is only 10%. This, moreover, is on the
total estate, while we favor the plan that taxes not the total amount
bequeathed but the amount inherited by each individual. With the ever
increasing need of revenue, it is certain that Congress will make a
radical increase in progressive inheritance tax on large fortunes, which
should be retained after the war.

Wisconsin and California have introduced an interesting innovation by
providing a further graded tax on inheritances in accordance with the
degree of consanguinity between the testator and the beneficiary. Thus a
small bequest to a son or daughter might be taxed only 1%; a large
bequest to a trained nurse or a spiritualistic medium might be taxed
15%. This is frank recognition of the fact that inheritance is to be
particularly justified as it tends to endow a superior family.
Eugenically it may be permissible to make m