Another reason to vote The Donald
Estate tax, death tax, whatever in the hell you want to call it. If you want to read the whole thing, click that. But to simply take the appropriate quote:
Donald Trump wants to completely repeal the federal estate tax. Hillary Clinton wants to raise it in two key ways. On this issue, their views could not be more opposite. Whether you call it an estate tax, a death tax, or a tax on accumulated wealth, it is controversial. It is entirely distinct from income tax. You pay income tax as you earn, but whatever you have left at your death, might be taxed again.
Presently, estates worth $5.45 million or less are exempt from federal estate tax. Beyond that dollar limit, the estate tax kicks in, generally requiring you to pay a tax of 40%. Clinton wants to raise that 40% tax rate to 45%. She also thinks the $5.45 million exemption threshold is too high. She would cut it materially so that more people have to pay estate tax, dropping the exemption amount from $5.45 million to $3.5 million.
What the fuck, over? What purpose is there to attempting to do well so you can pass it on to your children? Yes, I realize these numbers are kinda above most of our comprehension, but the fact remains that, if she would cut it that much lower, how low would she eventually go?
Vote for what you think is right, but VOTE!