Should we repeal the estate tax? | The Tylt
While congressional Republicans are still hammering out the details, their new tax plan will likely repeal the estate tax—a tax on assets people leave to their heirs when they die. Dubbed "the death tax" by Republicans, critics say it's grossly unfair—you can't tax income twice. But proponents say the inheritance tax provides essential revenue we need to run the country. If we cut Paris Hilton's taxes, we have to raise them on working people, which isn't fair either. Do we need the estate tax? 💰
Should we repeal the estate tax?
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