Sanders: GOP Wants to Repeal Estate Tax, Give Elon Musk’s Family $83B Tax Break

Sen. Bernie Sanders (I-Vermont) denounced the Republican Party’s economic plans on Thursday, calling Republicans out for pursuing moves like repealing the estate tax, which would only serve to further consolidate wealth within the richest groups of U.S. society. At a rally for Democratic gubernatorial candidate Tina Kotek and congressional candidate Val Hoyle in Oregon, Sanders sharply criticized Republicans for wanting to repeal the estate tax — the tax on property passed onto a person’s heirs when they die. Because there is a relatively high exemption amount for the estate tax of about $13 million for individuals and $26 million for…