"Only American Citizens get the deduction. That is 2 million this year."
Interesting. That would discourage people from bringing and creating wealth in this country.
Actually it encourages people to become citizens....we have friends who are Canadian....who after 20+ years of living here...raising there kids here....became citizens when they found out about the tax implications.
You would be surprised about what some people assume and don't know.
Many come from places like Korea, buy properties and make large estates.
They pass without becoming citizens and their estate gets taxed away at near some level like 45%.
YIKES!
The same US citizens might avoid all taxes unless their estates are very very loaded.