Inherited Wealth

A California campaign is pushing to add an innovative initiative to the November ballot. The plan: make public higher education tuition-free by restoring the estate tax.

The family that has made billions off trick-or-treat candy has gone generations without paying any appreciable tax on its enormous fortune. And the Trump tax plan, if adopted, would ax a huge chunk of the tax on the family’s income!

Urban billionaires are trotting out the tractors and overalls in a bizarre effort to roll back their taxes.

Children of the ultra-wealthy have opportunities that children born into poor families could never dream of. Access to the very best schools, a ready-made network of influential family friends, interest-free...