Some not sure if this is good or bad….
Check it out:
From all available data, there seems to be no compelling reason — other than the billions in savings that the ultra-rich would pocket — for repealing a tax that affects very few Americans.
The day after “tax day” (April16th), the House of Representatives passed the “Death Tax Repeal Act of 2015,” which would repeal all estate taxes, no matter the size of the estate. The prospects for the bill are uncertain, but the rationale for why it’s been proposed is crystal clear — as are the consequences.