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Norman Bernstein
08-29-2017, 11:18 AM
“Only morons pay the estate tax.”
— White House economic adviser Gary Cohn, quoted by the New York Times (https://www.nytimes.com/2017/08/28/us/politics/trump-tax-plan-cohn-mnuchin.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=0), at a meeting with Senate Democrats.

Interesting, seeing as how I'll be paying a pretty big estate tax (to the state of Massachusetts) after the first of the year.

CWSmith
08-29-2017, 11:29 AM
I'm sorry, but didn't Trump say something like that about taxes in general during the campaign?

If anything, Cohn is thinking small.