The word for this week is “death tax,” which is the loaded term used by opponents of what is properly called the estate tax. The estate tax is the only institutionalized check we have to stave off concentrated power, which is exactly what the founders of this nation hoped to guard against. Yet, we’ve got folks who supposedly cherish “Constitutional originalism” and sneer at the centralized illusions of “socialism,” who still call it the “death tax.”

Because most Americans don’t own estates and are in the looking-for-their-first-home class, Ross pointed out, many people mistakenly think they’re not directly affected by the outcome of the estate tax debate. “But tax money is what funds needed programs, including first-time home buyer programs. If we lose the estate tax, there won’t be that mother buying her first house. She’ll be renting for the rest of her life. This would create a permanent underclass,” Ross said. I asked him if he felt his success was being punished by the estate tax. “How do you punish successful people? That’s not the way the game works. I can always come back (financially) because I understand the hustle. That’s true of anyone who has been economically successful in this country.”

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