A widely overlooked provision in last month’s tax cut deal is going to speed even more wealth to America’s Paris Hilton set.
Progressives in the U.S. Senate have introduced a potent package of estate tax reforms that would, if enacted, start seriously trimming America’s most super-sized hoards of private wealth.
In 2010 America, schools, students, and teachers share the pain. The heirs to our mega rich, meanwhile, don’t have to share anything. For the first time in nearly a century, we have no federal estate tax.
The White House’s most succesful disinformation campaign? That’s not Iraq. It’s the war on the estate tax.