I completely agree with you that the Gift Tax is pure nonsense. Along with many other Taxes where the Government ask for a portion of our money.
The Great news is, there is a very easy way to get around all this… Simply use CASH.
If you want to give someone a gift of $12001.00 you simply open your safe that you keep in the hidden room in your house. Count out $12001 in Beautiful Cash and gift wrap it in a nice box for Jimmy to open on this Celebration Day!!
You also instruct him that he should not deposit more than $3000 at a time into his bank account per month.
There you go, ZERO Tax rate!!