Like the park system, the estate tax is a fundamentally American notion, an absolutely democratic intervention against a drift toward plutocracy and extreme wealth imbalances. Taxing inheritances set the U.S. apart from the monarchies and wealth dynasties of Europe.
There’s a saying that applies to America most vociferous political opponents of the estate tax: Some people are born on third base and go through life thinking they hit a triple.
Lawmakers in New Jersey were moving forward on a plan to restructure state financing of transportation while cutting the state estate tax. In a surprising turn of events, the estate tax will be preserved.
Law professor Michael Graetz explains how a scrappy group of political neophytes used the immense wealth of their backers to push the repeal of the federal estate tax from a nonstarter into the mainstream.
Governor Kasich’s time as governor has been marked by regressive tax reform that helps the rich and hurts the rest.
This week’s edition of America’s top progressive weekly features a cover story that spotlights how we can ‘unrig the rules and reverse runaway inequality.’
Obama is asking how can we help shape an economy in which everyone can thrive, not just those at the very top of the economic ladder.
With outright lies dominating estate tax debate on Capitol Hill, two Washington Post columnists have different takes on the untruths of the anti-tax crowd.
The White House is going after a tax code provision that lets the super rich avoid billions of dollars of taxes. Is the President finally having his ‘Piketty moment’?
Why should our greatest generation be behind us?