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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.