Barry Ritholtz, Columnist

The Death Tax Deception

There's a tax, just not on dying.

It's an estate tax and almost no one pays it.

Photographer: Scott J. Ferrell/Congressional Quarterly/Getty Images
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There was some pushback on yesterday’s rather tame suggestion that the U.S. properly finance the fund that pays to maintain and repair our roads. Much of the correspondence was surprising. Then again, I am continually flabbergasted by the cognitive errors that the human brain can make. It’s a marvelously designed piece of wetware that does a great job at its intended purpose: keeping you alive on the savannah. Its flaws are easily revealed when applied to off-label tasks.

Let’s go over some of the criticisms from yesterday in declining order based on their lack of credibility.