Filed under: After the bell, Consumer experience, Magazines, Columns, Economic data, PoliticsThe recent Barron's cover story which anointed Mitt Romney and Bill Richardson as the candidates best suited for investors contained this political propaganda: "Polls show that most Americans consider estate taxes to be unjust."That statement is misleading.The latest Gallup poll on the topic from 2000 showed that 53% of people surveyed didn't know enough about the estate tax to have an opinion. Once the issue was explained to them, 60% said they favored eliminating it though only 17% said they would personally benefit from such a move. Exactly how this was explained isn't clear and a recent Yale University paper argued that people's opposition to the estate tax evaporates once they learn how few people actually pay ...
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