estate tax

From Class to Caste: How Congress Is Set to Accelerate Inequality by Repealing the Estate Tax – Scott Klinger

This week the Republican-controlled House of Representatives plans to pass legislation that would accelerate inequality ensuring today’s merely wealthy become tomorrow’s obscenely rich. Those who want to repeal the estate tax have labeled it “the death tax,” but they couldn’t be further from the truth. More than 99.8 percent of Americans who inherit money or property from a loved one get a …