@bobbinhood Since it was a city tax, not state or federal, I would expect that those living outside the city don’t pay it.
@bobbinhood That is actually an estate tax, and it is meant to prevent massive generational wealth from building up in a handful of families, leaveing little or nothing for the vast majority of people in the country. The greed-0driven billionaires like the Koch Brothers and Rupert Burdoch funded PR firms to come up tith that “death tax” slogan to avarage people against it so they could further loot the middle class.
It only applies to estates in excess of $10,000,000 currently. And right now, the wealthiest 400 families in the USA own more financial wealth than the bottom 50% of us—155,000,000. But they have to fund think tanks and PR firms to dupe the majority into voting to let them gather FAR more. Do we really want to make America a banana repoblic just to satisfy a few incredibly billionaires? The Koch brothers made $9 billion dollars last year, but that’s not nearly enough for them. They want it all.