My point is that estate taxes have been around a long time. Right now with the huge federal deficits, a costly war in Iraq, a supposed Social Security crisis, a looming Medicare crisis, and all the other things going on, why is the elimination of estate taxes such a priority?
By your reasoning, we should eliminate all taxes for anyone who makes over a million a year since they will use every dollar of it to create jobs, give to charity and keep the economy going.
This is probably a little over your head. Have someone explain it to you.