Should we get rid of the estate tax? | The Tylt
The estate tax, a federal tax on assets transferred from deceased persons to their heirs, has long been a bête noire of the right. Dubbed "the death tax" by Republicans, Donald Trump campaigned on the promise to repeal it. Opponents say it's grossly unfair—why should people be taxed again after their deaths? But proponents say the inheritance tax provides essential revenue and only affects a tiny percentage of estates. Plus, Paris Hilton and the Trump kids are rich enough to afford it. Do we need the estate tax?
Should we get rid of the estate tax?
Coronavirus: Coverage and Care