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Arguments in support

Some proponents of a steep estate tax argue that concentrating wealth in the hands of a few is harmful to both the economy and to democracy itself. Oscar Mayer heir Chuck Collins writes "Billionaires are expanding their shares of the pie at the expense of investments in our social safety net, infrastructure, and education systems," and notes that "Supreme Court Justice Louis Brandeis observed, 'You can have concentrated wealth in the hands of a few or democracy. But you can't have both.'"