NAME: Micah Peterson, Texas
TITLE: A proposal to discontinue federal inheritance and estate taxes within the United States
MAJOR AREAS TO BE AFFECTED: Parties affected would include anyone receiving any sort of inheritance for which they would be taxed under the current inheritance tax or estate tax law. This automatically exempts spouses if they are beneficiaries of estate or inheritance taxes, because under current law, they are already completely tax exempt.
SUMMARY: “It is wrong and immoral to tax any inheritance, from either the wealthy or the poor.”