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estate tax

Mark J. Hardy / Flickr, http://j.mp/1SPGCl0

Donald Trump doesn’t often make me laugh, but he did a week ago, when he announced his grand plan to change the tax system. We should all support it, he said, because it would finally end “the crushing, the horrible, the unfair estate tax, or, as it is often referred to, the death tax.”

Trump went on to explain how farmers and people with small businesses have to hold a “fire sale” after the owners die to pay “the death tax, a disaster for this country.”