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And anything below the amounts doesn t get taxed at all. in terms of the number of people affected, that 0.2 of 1% actually paying the tax works out to about 5500 estates in 2017. that s according to estimates from the tax policy center. it s a similar story with farm owners and small businesses. an estimated 600 estate tax bills will fall on businesses and farms this year, but only 80 of them are small family enterprises. 8-0. so why is president trump talking about millions of small businesses and farmers? look, maybe paying a tax to transfer our wealth to our heirs offends a lot of people. that s a debate worth having. it s clear, though, that the estate tax isn t a tax on the middle class, it s a tax on the wealthiest americans. and those wealthiest americans are not rocking up to h & r block to have their taxes done. they have the most sophisticated, the most ....
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