{"id":73,"date":"2012-09-26T02:54:28","date_gmt":"2012-09-26T02:54:28","guid":{"rendered":"http:\/\/www.themodestproposal.com\/?p=73"},"modified":"2012-09-26T03:51:31","modified_gmt":"2012-09-26T03:51:31","slug":"the-estate-tax-and-the-death-tax-bat-and-switch","status":"publish","type":"post","link":"http:\/\/www.themodestproposal.com\/?p=73","title":{"rendered":"The Estate Tax and the &#8220;Death Tax&#8221; Bate and Switch"},"content":{"rendered":"<div class=\"twttr_buttons\"><div class=\"twttr_twitter\">\n\t\t\t\t\t<a href=\"http:\/\/twitter.com\/share?text=The+Estate+Tax+and+the+%22Death+Tax%22+Bate+and+Switch\" class=\"twitter-share-button\" data-via=\"\" data-hashtags=\"\"  data-size=\"default\" data-url=\"http:\/\/www.themodestproposal.com\/?p=73\"  data-related=\"\" target=\"_blank\">Tweet<\/a>\n\t\t\t\t<\/div><\/div><p>The estate tax is similar to the standard gift tax, but is levied when a rich person dies and passes their estate on to their family.\u00a0 Conservatives call this the \u201cdeath tax\u201d and have fought it for decades.\u00a0 Conservatives have characterized the estate tax as an unfair double tax that hits millions of estates and forces families to sell their farms.<\/p>\n<p>The fact is that the estate tax hits a very tiny minority of estates.\u00a0 Yet this fact has never prevented conservatives from misleading everyone from small business owners to small farmers into\u00a0<a title=\"Republican hysteria about &quot;death tax&quot; is misleading\" href=\"http:\/\/politicalcorrection.org\/factcheck\/201012090004\" target=\"_blank\">thinking that it\u2019s an issue that will impact them.<\/a><\/p>\n<p><a href=\"http:\/\/farm5.static.flickr.com\/4097\/4783151413_6d841d63e9.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"Estate tax only impacts .24% of estates\" src=\"http:\/\/farm5.static.flickr.com\/4097\/4783151413_6d841d63e9.jpg\" alt=\"\" width=\"360\" height=\"231\" \/><\/a><\/p>\n<p>In effect, the estate tax is\u00a0another feature of the <a title=\"The Case for Progressive Taxation\" href=\"http:\/\/www.themodestproposal.com\/?p=45\" target=\"_blank\">New Social Contract<\/a> that prevents formation of a permanent American Aristocracy. \u00a0Without it, the growing inequity between generations of rich and growing poor would be exasperated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The estate tax is similar to the standard gift tax, but is levied when a rich person dies and passes their estate on to their family.\u00a0 Conservatives call this the \u201cdeath tax\u201d and have fought it for decades.\u00a0 Conservatives have characterized the estate tax as an unfair double tax that hits millions of estates and forces families to sell their farms. The fact is that the estate tax hits a very tiny minority of estates.\u00a0 Yet this fact has never prevented conservatives from misleading everyone from small business owners to small farmers into\u00a0thinking that it\u2019s an issue that will impact \u2026 <a href=\"http:\/\/www.themodestproposal.com\/?p=73\"> Continue reading this post <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-73","post","type-post","status-publish","format-standard","hentry","category-taxes"],"_links":{"self":[{"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=\/wp\/v2\/posts\/73","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73"}],"version-history":[{"count":3,"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=\/wp\/v2\/posts\/73\/revisions"}],"predecessor-version":[{"id":75,"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=\/wp\/v2\/posts\/73\/revisions\/75"}],"wp:attachment":[{"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.themodestproposal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}