RE:I smell some sort of wealth tax comming Meritmat...quite possible
In the US they have a Federal Estate tax and some States have an inheritance tax or an estate tax. The exemption in the US for the estate tax is 13.6 million and so it kicks in for the very wealthy. The State related taxes are much and some cases the exemption is set at 1 million. Depending on the State, these taxes range from 12-18%.
So you are right my friend, this is an avenue for Trudeau to gain tax revenue and depending what the exemption is the amount will obviously vary.
I have problems with estate taxes since the underlying concept of the tax system is that a dollar is only subject to one set of taxes, once. With an estate tax, the same dollars are taxed repeatly with each succeeding generation.