Summary List Placement
Sen. Bernie Sanders is once again pushing for wealthier Americans to pay higher taxes, and he wants to reform two parts of the tax code to do it. This time, he’s got his eyes set on the estate tax and corporate tax.
Currently, the estate tax, which taxes property transferred after death, applies to estates of over $11.7 million. Fewer than 2,000 households were set to pay it in 2020, according to one estimate from the Tax Policy Center. In 2017, the Tax Cuts and Jobs Act actually increased the amount exempted under the estate details ⇒
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