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It is obviously absurd to suggest that the estate tax, which by it's definition takes money away from only the extremely wealthy "doesn't work" in reducing the gap between the rich and the poor, just because that gap has been increasing during the existence of the estate tax. Obviously this doesn't occur in a vacuum. The gap didn't increase because of the estate tax, but it increased by a smaller amount than it would have because of it.


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I hope this is a joke. But I don't think it is lol

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If when Bill Gates dies, the government takes $1000 of his money and gives it to a poor person in the form of a tax credit, as Buffett suggested, it has transferred money from someone very rich to someone poor, thus reducing the gap between the rich and the poor. Beavis and Butthead could understand that.