The 0.2% of Americans exempted by the GOP estate-tax plan (including the Trump cabinet) have never paid tax on their millions and never will

The Republican tax plan will exempt the 0.2% of Americans who pass on estates of $5.49 million (each) to their heirs, a tiny elite that includes most of the Trump cabinet of one-percenter plutocrats; under the Senate proposal, that exemption would double. (more…)