By Allan Sloan and Cezary Podkul / ProPublicaJan 24, 2017
If Republicans succeed in repealing the estate tax, Rex Tillerson, Gary Cohn, Wilbur Ross, Jared Kushner, Steve Mnuchin, Betsy DeVos and their heirs may be able to defer capital gains taxes forever. Dig deeper ( 6 Min. Read )
Robert Reich / TruthdigJun 6, 2015
At a time of historic economic inequality, it should be a no-brainer to raise a tax on inherited wealth for the very rich. Yet there’s a move among some members of Congress to abolish it altogether. Dig deeper ( 2 Min. Read )
Staff / TruthdigSep 10, 2014
Unless we reduce skyrocketing wealth and income inequality, unless we end the ability of the super-rich to buy elections, the United States will be well on its way toward becoming an oligarchic form of society where almost all power rests with the billionaire class. Dig deeper ( 3 Min. Read )
Alexander Reed Kelly / TruthdigApr 27, 2013
The president gave wealthy Americans "a most generous reduction in their estate taxes" while telling Social Security beneficiaries "to live with smaller benefit checks," William Greider writes in The Nation. Dig deeper ( 1 Min. Read )
Tracy Bloom / TruthdigApr 15, 2013
One thing to remember on Tax Day 2013: It's good to be a wealthy citizen in the United States. Thanks to tax breaks aimed specifically at those who make boatloads of money, the average rich person takes in an additional $250,000 in income each year. The rest of us? Not so fortunate. Dig deeper ( 2 Min. Read )
Staff / TruthdigDec 18, 2010
In Internet-ese, one possible response to a couple of President Obama's more intriguing justifications on Friday for the passing of the contentious tax-cut bill might be O RLY? This is because the president declared later that same day . Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 7, 2010
Based on what The New York Times describes as President Obama's "substantial concessions to Republicans," Democrats in Congress have reason to fret Not only did Obama agree to extend the Bush tax cuts for the wealthy, but he caved in to Republican demands to neuter the estate tax (more). Dig deeper ( 1 Min. Read )
Ruth Marcus / TruthdigJul 15, 2010
George Steinbrenner's well-timed death -- though I suspect he may not have seen it that way -- points up the insanity of the current estate tax situation. Dig deeper ( 3 Min. Read )
Staff / TruthdigMar 6, 2010
Someone might want to call President Barack Obama's attention to the main message of Paul Krugman's latest Op-Ed column in The New York Times: This whole bipartisanship idea isn't going to catch on in Congress Krugman takes the recent example of the bill-blockading gymnastics of Sen Jim Bunning (pictured above), along with (continued). Dig deeper ( 1 Min. Read )
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