Detailed text transcripts for TV channel - MSNBC - 20171104:16:36:00
It sounds awful. but for fact sake, the president has it all wrong. four years republicans have railed against the federal estate tax. it's levied on americans who transfer property to their heirs after they die, including real estate, cash, stock and other assets. long derided as the death tax, critics say it hurts middle class americans with farms and small businesses in their families. but that's incredibly misleading. just two out of every 1,000 americans who die in a given year end up with a tax bill on their estate. that means 99.8% of estates pay no tax. that's because it's assessed on ...