Another unintended consequence of eliminating the estate tax - charities.
I work with several in the area, and the finance directors noticed a steep drop in estate donations the moment the estate tax was eliminated (money donated to a charity upon death is not counted in the taxable estate). It turns out super-wealthy folks don’t really like to give to charities unless they have to - even when they’re dead.
Now most of the non-profits are in a budget crunch, aside from the other economic turmoil.