Comment

Trump Suggests Doing Away With Obamacare and Replacing It With... Nothingcare

237
lawhawk6/30/2017 3:26:25 pm PDT

re: #234 Amory Blaine

An estate tax repeal is a big budget hit, and it affects so few Americans that the venom about it is completely disproportionate.

The anti-estate tax folks love to treat this as though the tax hit family farmers, when the reality is the federal estate tax starts hitting people only if the estate is valued at $5.49 million or more.

There are a handful of states that impose estate tax, which can hit below the federal threshold.

GOP hates all that, even though this helps millionaires retain and pass on their wealth.