Critical Reasoning (CR) | Re: Letter to the editor: The Senate recently voted to keep the

Letter to the editor: The Senate recently voted to keep the estate tax, a levy imposed on the transfer of property of the estate of a deceased person to a living person or organization. The primary argument in favor of the estate tax is thatit is a necessary component of a system of progressive taxation . Not only is this argument faulty, butthe estate tax is also lousy for the economy . Primarily, the estate tax directly penalizes savings and investment, two activities that are vital to create