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Americans More Likely to Back Estate Tax Expansion Than Repeal

from Morning Consult

Among a recent flurry of proposals to increase taxes on the wealthy, one more policy — a levy on inheritances of $3.5 million and more — has gained some traction with voters. Sen. Bernie Sanders, I-Vermont, a potential 2020 presidential hopeful, has suggested lowering the threshold of the estate tax to $3.5 million from where it currently stands at $11 million, a measure that would increase the number of Americans subject to the tax. more

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