Quote Originally Posted by Dreadnaught View Post
I didn't answer because I'm not sure where you're going with this. Immediate family is probably a reasonable standard if we can agree on what that actually means.
Well, you admitted the wealth transfer is income to the receiver and should be taxed. The only reason I can think of for not taxing it if it is given to immediate family would be to give immediate family leverage over the giver. "Look mom, if you give it to your lover's daughter half of it will go to the government. If you give it to me, the government won't get a penny."