• Trump Tax Overhaul Doubles Estate Tax Exemption for Super-Rich
    5 replies, posted
https://www.bloomberg.com/news/features/2018-05-15/trump-tax-overhaul-doubles-estate-tax-exemption-for-super-rich Prepare to see more political dynasty in 20 years.
Medieval ages 2.0: dynastic boogaloo.
This isn't new news, though? I'm not sure if Bloomberg is five months late to the show or if it's reminding people that the tax reform really was that fucking awful about rewarding the rich while shafting everyone else.
It's more of a reminder/refresh of how fucked it really, really was/is.
I told the in-laws that's what his intentions were, there denied it up and down. Suck it, fuckers.
the IRS and thanks to some lovely shenanigans, the treasury, had to write the actual rules, which meant there was a slight chance the estate tax would not get shredded, kind of odd why manchin would be so hell bent on clawing away the approval authority from the irs
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