Estate Tax

[Max B. Sawicky]

The tax only collects about $30b a year, so I'm not sure
it is the most effective tool.  Nor is $30b all that important
in a two trillion dollar budget. The corporate income tax
is probably better.  It's certainly bigger.

mbs

WASHINGTON, DC—The federal government’s most effective tool
for reducing wealth inequality is the estate tax, but the
tax is being phased out so that by 2010 the government will
no longer collect taxes on the estates of the rich.