The threshold for federal estate taxes could be lowered to $3.5 million to help fund a proposal to create a "baby bonds" program that would establish savings accounts for every American newborn.
The tax will raise revenues. But unless a glaring loophole is closed, the corrosive effects on our democracy will continue.
Neil Buchanan writes that policies directly addressing income and wealth inequality are being resisted.
Neil Buchanan explains why flat tax proposals, national sales tax plans, and on and on are red herrings.
Tax reform is difficult because everyone likes the tax provisions that favor them.