It’s Time to Tax the Ultra-Wealthy

Brian P. Mangan
Upper East Side Politics
1 min readJun 29, 2020

Inauguration Day is Jan. 20, 2021. I expect President Biden and the Congress to get to work right away. One of the first things they need to do is increase the estate tax.

“President Franklin Roosevelt said ‘inherited economic power is as inconsistent with the ideals of this generation as inherited political power was inconsistent with the ideals of the generation which established our government.’ The same is true today.”

https://www.nytimes.com/2020/06/24/opinion/inheritance-tax-inequality.html?action=click&module=Opinion&pgtype=Homepage&fbclid=IwAR3Tod1oJtm61dE_ktrpuA6wLniItq7zk656pDkMjY5Pahy4AosaVp7erAY

--

--