Why do surveys show that 60% of Americans favor repealing an inheritance tax that is levied on only the wealthiest 2% of the population? I'd guess that the reason could be expressed with a motto that has been used by the New York Lottery: "Hey, you never know." I'm familiar with that feeling. For years I've fantasized about inheriting a pile of money from someone I've never heard of, and frankly, I'm not eager to pay taxes on it.
Yes, I still believe that Republicans base all their tax-cut proposals on the same principle: if rich people pay less in taxes,...
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