As the essential Dan Kennedy of Media Nation noted on Twitter:
JD Rockefeller’s estate paid a 70% tax. Texas billionaire Dan Duncan’s estate pays zero. Socialism! http://nyti.ms/d4RGSY
What the 140-character character of Twitter couldn’t accommodate about the (temporary) death of the “death tax” was this, from Page One of Wednesday’s New York Times:
Although the tax affects only about 5,500 estates a year, it is such an incendiary issue that when Congress unexpectedly let it lapse at the end of 2009, financial advisers warned that it might play a macabre factor in the end-of-life decisions being weighed by heirs of elderly Americans. Some estate lawyers worried that tax considerations might prompt their clients to keep an ill relative on life support through the end of 2009 to get the favorable treatment — or worse, resist life-prolonging measures to hasten a relative’s demise before the end of 2010.
As in, the Throw Momma From the Train Act.
Your Momma goes here.