As GOP Lawmakers Eye Cutting Estate Tax, Will They Increase Income Inequality?
As Republicans prepare to pass their a massive tax overhaul, they are planning to lessen, or even eliminate, the estate tax. But critics say the tax plays an important role in making the economy fair.
by Jim Zarroli
Dec 07, 2017
2 minutes
Republicans in Congress are on the verge of fulfilling their long-time dream of eliminating the federal estate tax, and they could do it in a way that is even more generous to heirs than previous repeal efforts.
Bills passed by the Senate and the House recently would reduce or scrap the taxes heirs now pay on estates larger
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