Complaints About the Death Tax Have Been Grossly Exaggerated

If there's one asset that doesn't need any further protections in this life or the next it's the estate tax, according to the LA Times.


An op-ed framed the non-issue of taxing estates recently noting fewer than three out of every 1000 estates end up paying any kind of tax whatsoever. After generous exemptions, most of which Obama supports, the wealthy dead easily bequeath their holdings to their trustafarian survivors without federal intervention. Still, estate tax opponents cry afoul that the "death tax" threatens their generational wealth.

The Policy and Taxation Group argues that family assets, especially if they take the form of small businesses, face what is effectively double taxation since estates--the minority that do end up taxed--have already faced taxes during the proprietors' lifetimes. Does the estate tax camp have a point or are they crying wolf in a system already friendly to them? Debate and discuss during tax week at Big Think.

How to vaccinate the world’s most vulnerable? Build global partnerships.

Pfizer's partnerships strengthen their ability to deliver vaccines in developing countries.

Susan Silbermann, Global President of Pfizer Vaccines, looks on as a health care worker administers a vaccine in Rwanda. Photo: Courtesy of Pfizer.
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  • Community healthcare workers face many challenges in their work, including often traveling far distances to see their clients
  • Pfizer is helping to drive the UN's sustainable development goals through partnerships.
  • Pfizer partnered with AMP and the World Health Organization to develop a training program for healthcare workers.
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Why the White House Correspondents’ Association dinner won’t feature a comedian in 2019

It's the first time the association hasn't hired a comedian in 16 years.

(Photo by Anna Webber/Getty Images for Vulture Festival)
Culture & Religion
  • The 2018 WHCA ended in controversy after comedian Michelle Wolf made jokes some considered to be offensive.
  • The WHCA apologized for Wolf's jokes, though some journalists and many comedians backed the comedian and decried arguments in favor of limiting the types of speech permitted at the event.
  • Ron Chernow, who penned a bestselling biography of Alexander Hamilton, will speak at next year's dinner.
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Juice is terrible for children. Why do we keep giving it to them?

A glass of juice has as much sugar, ounce for ounce, as a full-calorie soda. And those vitamins do almost nothing.

Pixabay user Stocksnap
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Quick: think back to childhood (if you've reached the scary clown you've gone too far). What did your parents or guardians give you to keep you quiet? If you're anything like most parents, it was juice. But here's the thing: juice is bad for you. 

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A new study says alcohol changes how the brain creates memories

A study on flies may hold the key to future addiction treatments.

Scott Barbour/Getty Images
Mind & Brain
  • A new study suggests that drinking alcohol can affect how memories are stored away as good or bad.
  • This may have drastic implications for how addiction is caused and how people recall intoxication.
  • The findings may one day lead to a new form of treatment for those suffering from addiction.
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