Paul Krugman: Climate-change economics improve
Paul Krugman, New York Times
Posted: Sunday, March 2, 2014 12:00 am
Remember the “death tax”? The estate tax is quite literally a millionaire’s tax — a tax that affects only a tiny minority of the population and is mostly paid by a handful of very wealthy heirs.
Nonetheless, right-wingers have successfully convinced many voters that the tax is a cruel burden on ordinary Americans — that all across the nation small businesses and family farms are being broken up to pay crushing estate tax liabilities.
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Sunday, March 2, 2014 12:00 am.