Wall Street Journal Crashed-and-Burned-and-Smoking Watch
Outsourced to Stan Collender:
Attention Wall Street Journal: The Wall Street Journal should be so ashamed of this that it should voluntarily print not just a correction but also an apology. This lead and third graph are reprehensible:
With the federal estate tax disappearing for most people, state death taxes have emerged as a surprise new worry.
[...]
That is down from the 17,500 estates that would have faced death taxes under the previous $2 million limit, the Urban-Brookings Tax Policy Center estimates.
As I've said before, an estate tax doesn't tax death any more than the income tax taxed life.
