Megan McArdle, Columnist

Why People Care About the Estate Tax

Not because it matters.

It's not going to interfere with inheriting your grandma's vintage Ford.

Photographer: YAMIL LAGE/AFP/Getty Images
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One has to marvel at the politics of the estate tax. I generally believe that people don't care about taxes, as long as someone else is paying them. The estate tax defies that belief. I also generally believe that policies with negligible cost and negligible benefit -- especially those that affect almost no one -- are unlikely to stir the hearts of the electorate. Which is true. Except for the estate tax.

Why does it get people fired up?