'Paris Hilton Tax' Vs. 'Death Tax': A Lesser-Known Fiscal Debate
The estate tax is yet another piece of the fiscal cliff that needs to be worked out. Those who want to the raise what they call the "Paris Hilton tax" say it applies only to the very rich, who can afford to pay. Opponents of the increase, however, brand it the "death tax" and say it hurts farmers and small-business owners.