Estate-tax repeal has been a priority of the Republican Party for years. That’s a tax on estates worth $5.45 million or more. President-elect Donald Trump’s transition team has said his administration would aim to roll back the tax as part of a larger package of tax cuts. How likely is that repeal and what would it mean for the deficit?
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.