I don't want to get into the 'who's a hostage-taker' discussion here but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich but it's a tax on capital that deprives business investment and therefore job creation.

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The rule for effective governance is simple. It is one Ronald Reagan knew by heart. And one that he successfully employed with Social Security and the Cold War. When there is a problem you fix it. That is the job you have been sent to do and you cannot wait for someone else to do it for you.