President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.
estate tax
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What States Can Do to Reduce Poverty and Inequality Through Tax Policy
State governments have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law, and make critical investments in communities.
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Robert Reich: The Growing Danger of Dynastic Wealth
The estate tax applies only to estates over $11 million per couple – and wealthy families stash away dollars above this into “dynastic” trust funds that escape additional taxes. Now Trump and Republican leaders plan to cut or eliminate the tax altogether.
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Millionaires Back Raising the Estate Tax
More than 30 of the wealthiest Americans have signed a letter to Congress and the Obama administration arguing that the estate tax should be raised, not lowered.
