Let’s Tax Dead People ...Middle East

President Joe Biden has proposed a tax increase that you may not have heard about. It would make the tax code more progressive without extracting even one cent from the wages of the rich or the poor. Nor would it take from the investor any of the dividends or capital gains that accrue from wealth. Nor would it appropriate any portion of that wealth itself. It’s kind of a magical tax, one that aligns perfectly with the American ethos of rugged individualism.Yet polls have often shown that most Americans, far from wanting to make greater use of this tax, prefer to eliminate it.I’m talking, of course, about the inheritance tax, also known as the estate tax. Under the current arrangement, when y

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Let’s Tax Dead People ...Middle East

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