Reply to Vox article on inheritance

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In any case, the democrats are 6-10 Senators away from having the votes to do anything with the estate tax, and that.assumes no filibuster.  Estate tax reform is not likely anytime soon, probably ever.   [b]The estate tax is unpopular with Americans.[/b][/quote]

Because most don't know how the estate tax works. They would crap their pants if they understood how much the rich are getting away with. [/quote]

The rich are getting away with?  Indeed.  We need to take all the profits from good decision making and redirect them to government bureaucrats, BECAUSE!  The great decisions we will get once all wealth is reallocated will be delightful!  [/quote]

Please stop pretending this is &quot;wealth reallocation.&quot; I just want rich people to pay the same taxes as me.

No step up basis for living people -&gt; No step up in basis for estates.
No $11 million dollar tax exemption for living people -&gt; No $11 million dollar estate tax exemption. You can have $12,000, like the rest of us.
No 90% marginal tax rate for living people -&gt; No 90% estate tax rate.

It's pretty simple. The fact that you can't talk about it without resorting to hyperbole and exaggeration is telling. 
[/quote]

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