(Reuters) - Falling off the "fiscal cliff" is a bad thing, right? Full story
President Barack Obama won re-election in large part by calling for shifting more of the tax burden to higher-income people. The tax on inherited wealth – the estate tax – inevitably will play a role in getting to that goal since only wealthier people have taxable es … Full story
Will going over the "fiscal cliff" trigger a huge hike in estate taxes? CNBC's Robert Frank breaks down the numbers. CNBC contributor Jared Bernstein and Dan Mitchell, Cato Institute, debate whether the estate tax should be abolished.