Repealing the estate tax could create headaches for the rich – as well as worsen inequality
- Written by Reid Kress Weisbord, Distinguished Professor of Law and Judge Norma Shapiro Scholar, Rutgers University - Newark
As it stands, only a tiny fraction of America's wealthy are ever subjected to the estate tax. Krisanapong Detraphiphat/Getty ImagesNothing is more certain than death and taxes, Benjamin Franklin famously declared. And, since 1916, the federal government has imposed an estate tax on the transfer of property owned at death.
But the Trump...
