$10.86 million exemption
A married couple can pass $10.86 million to their children without paying any estate taxes ($5.43 million each).
It’s insane to think that people worth that much money need incentives do to whatever it is you think they would be doing if there was no estate tax.
And as I keep pointing out, the children of the super-rich vote overwhelmingly Democratic so they don’t care about the estate tax taking away from their inheritance.
If anything, maybe we should be lowering the amount of the exemption.
ADVICE FOR DONALD TRUMP
The super-rich hate you and aren’t voting for you, and you don’t need their donations. Don’t do something stupid like say you are going to cut their taxes the way Jeb Bush did. Differentiate yourself from Bush by supporting the middle-class and not the plutocrats.