cross-posted from: https://lemmy.blahaj.zone/post/21371521
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“For the ultrawealthy, the document floats eliminating the federal estate tax, at an estimated cost of $370 billion in revenue for the government over a decade. The tax, which charges a percentage of the value of a person’s fortune after they die, kicks in only for estates worth more than around $14 million.”
So cut $37 Billion/year the government gets from dead rich people and make up for it…by slashing benefits for the middle class and poor. Truly the party of the people.