“going back to the previous threshold of
six million.will not affect that many people”
Inflation is speeding up rapidly due to profligate government spending paid for by money printing. We may soon be seeing double digit inflation rates like we did in the 1970’s and early 1980’s. Even worse we may experience the hyper inflation of the Weimar Republic, Zimbabwe, or Venezuela in more recent history.
Ten percent annual inflation will cut the value of a $6 million to $2.3 million in 10 years.
They have to lay the greatest burdens on the middle class because, despite the frothing about the super-rich, the middle class is where the money is.
As usual, death taxes land hardest on the family farmers and small businessmen who haven’t incorporated themselves. (Thereby making lawyers rich.)