Lies about tax “reform”

We hear a lot that Republicans are at odds with each other.  There is one thing that unites them all:  tax cuts for the rich.  The Party of Trump is quite clear on that.  They would like to pay less, and they would like working people to pay more.  Naturally, this requires lying.  Paul Krugman has helpfully compiled a list of ten lies that Republicans keep repeating.  You should read the whole piece.  One of the collection of whoppers is the persistent and absurd claim that the inheritance tax somehow hurts working people and farmers:

Tales of struggling family farms disbanded because they can’t afford the taxes when the patriarch dies have flourished for decades, despite the absence of any examples. I don’t mean examples are rare: I mean that advocates of estate tax repeal haven’t been able to come up with a single example at least since the late 1970s, when exemption levels were raised to the equivalent of around $2 million in today’s dollars.

Lately Trump has added a new twist, portraying the estate tax as a terrible burden on hard-working truckers. For who among us doesn’t own an $11 million fleet of trucks?

 

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