I don’t want to hear any crap from Republicans about the debt when they propose crap like this. Does their white nationalist base think this will help them?
Trump's Estate Tax Giveaway To Rich Triggered 50% Drop In The IRS Revenue: Report https://t.co/yvCQFu3MYr via @Yahoo
— K. Louise Neufeld 🇺🇸🇺🇦 (@ninaandtito) November 23, 2021
Senate Republicans just proposed adding a few hundred billion dollars to the national debt by giving multimillionaire heirs and heiresses a new tax cut. https://t.co/sTnEOotgNJ
— Jon Favreau (@jonfavs) March 10, 2021
Senate Republican leaders have introduced a complete repeal of the tax on estates.
— Steven Dennis (@StevenTDennis) March 10, 2021
The existing tax applies to the value of individuals' estates exceeding $11.7 million and couples double that after they die.
The estate tax applies only to estates valued at more than $11.7 million in 2021. This tax is paid by ~0.1% of all estates, the absolute wealthiest people in the country. This is nothing but a giveaway to the descendants of the rich. https://t.co/TXg3L3QATX
— Seth Cotlar (@SethCotlar) March 10, 2021
I am a successful by any standards filthy Hollywood parasite who makes more money in a week than my grandfather did in a year and after 25 years I have not accumulated enough wealth to worry about the estate tax. This is the saddest kind of pandering to mega-donors. https://t.co/qPV6KtUnDV
— John Rogers (@jonrog1) March 10, 2021
Imagine looking at the American Rescue Plan and saying it’s “poorly targeted” and “wasteful” spending, then introducing a tax cut that only goes to people worth over $11.7 million. https://t.co/1p2TMKXnQX
— Jesse Lee (@JesseCharlesLee) March 10, 2021
Sad! 