The recent decisions by two of the most influential national newspapers of record to not publish their endorsements of Vice President Kamala Harris says a lot about how seriously they take Trump’s threats to democracy and his promises of vengeance against his enemies.
estate tax
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What States Can Do to Reduce Poverty and Inequality Through Tax Policy
State governments have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law, and make critical investments in communities.
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Robert Reich: The Growing Danger of Dynastic Wealth
The estate tax applies only to estates over $11 million per couple – and wealthy families stash away dollars above this into “dynastic” trust funds that escape additional taxes. Now Trump and Republican leaders plan to cut or eliminate the tax altogether.
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Millionaires Back Raising the Estate Tax
More than 30 of the wealthiest Americans have signed a letter to Congress and the Obama administration arguing that the estate tax should be raised, not lowered.
