5 Lies About the Estate Tax and the Truth Behind the Lies

April 15, 2015

On Tax Day this year, April 15, the U.S. House of Representatives is expected to introduce legislation that would repeal the estate tax, a policy designed to limit the concentration of wealth in the United States, generate revenue for the federal government by having those most able to pay and encourage charitable giving. The legislation comes as congressional Republican budget plans propose to slash trillions of dollars in money that benefits working families and gives away massive sums to corporations and the wealthiest Americans.  

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