Quote:
Originally Posted by n david
If you read the article, it was closer to $16 billion.
"""Pomerleau said by his estimate, the total value of the estate tax bill for those three families would be closer to $16 billion."""
Also, and really all which matters --- it's THEIR money! Why should it take Trump and the GOP repealing the estate tax for them to be able to keep THEIR money?!!?
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He's out to protect their money... but what about our money???
State, local leaders circle wagons to save tax break from Trump
Wiping out the deduction for state and local taxes could reap more than $1 trillion in the coming decade, but cost some taxpayers thousands of dollars per year.
http://www.politico.com/story/2017/0...e-local-238870
It's not so much that he's wanting to eliminate estate tax, it's that he is going to try to make up for it by balancing the budget on the backs of the working class, people like me and you. He's only helping the rich. And his policies will wreck the poor and middle class as he helps them.