Reducing inequality

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And, of course, now is as good a time as any to remind people of the candidates different stances on the wealth tax...

Hillary Clinton’s proposal to strengthen the federal estate tax is the best idea yet to reverse our national drift toward extreme wealth inequality. Clinton proposes an expansion of the federal estate tax, our nation’s only levy on the transfer of accumulated wealth of multimillionaires and billionaires. The tax falls on fewer than two out of 1,000 estates, yet puts a brake on concentrated wealth, encourages charitable giving, and raises substantial revenue from those most able to pay. Her plan would generate $260 billion over ten years, exclusively from multimillionaires and billionaires, that she plans to use for investments in expanding opportunity, such as reducing college debt, simplifying small business taxes and expanding the child tax credit.

Hillary Clinton Channels Her Inner Teddy Roosevelt

Trump wants to abolish the estate tax altogether...