Estate: noun: an extensive area of land in the country, usually with a large house, owned by one person, family, or organization. Estate tax therefore implies a tax on large wealth. I agree its new reference as the “death tax” in mainstream media talking points is a way to manipulate the public.
I am appalled by the portrayal of the death tax (known in its less frightening term as the estate tax) and how its repeal is good for common Americans. Less than 5% of Americans reading this have enough net worth ($5.49 million to be exact) to QUALIFY as a recipient of this tax upon death. Trump and the rest of his rich cronies are the direct…[Read more]