In this piece, Newsweek‘s Allan Sloan argues that the complete repeal of the federal estate tax would actually turn out to be a bad deal for some 63,900 estates across the country.
I would need much more training in tax law and/or economics before deciding whether I agreed with the argument.
One thing is clear after reading the piece: This is just one element of the federal tax code that could benefit immensely from simplification.
