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Posts by Chloe Cho

No, the Estate Tax Isn’t a Heavy Burden on Small Businesses

January 19, 2017

Steven Mnuchin, President-elect Trump’s nominee for Treasury Secretary, expressed concern today about "farmers who worry about the death tax wiping out the family farms." Estate tax opponents frequently call for repealing the tax because, they say, it’s a burden for...

Only 2 Out of Every 1,000 Estates Will Owe Federal Estate Tax in 2016

State-by-State Look: Estate Tax Repeal Benefits Only Wealthiest Few

December 12, 2016

“The odds are good,” Senate Finance Committee member John Thune noted recently, “that we can repeal the estate tax” in the coming tax reform debate. He suggested “consensus support” for his 2015 proposal, to which House Ways...