How Taxing
Donald Trump wants to change the tax code and accomplish something that so far has eluded him, a legislative victory. Our tax code absolutely needs serious reform but preliminary indicators suggest that's not what this is. Trump insists that the rich, including himself, will not benefit from the changes he and the Republicans are proposing. So we begin with a lie, how then do we trust anything else in the legislation? The old drum is once again beating it's favorite tune, the elimination of the estate tax. Currently for an individual the first 5.49 million dollars is exempted from this tax which means for most people this is never a factor. The argument for repeal of the estate tax has always been about the family farm and small business owners, it is a false argument. There are no real small businesses or family farms worth more than the exempted amount. Let's, just for the hell of it, act like it's true. The tax, which is 40%, doesn't kick in until after the exem...