Death by a Thousand Cuts

The book explores the surprising repeal of the estate tax in 2001, despite its long-standing presence since 1916 and its application to only the wealthiest two percent of Americans. It highlights the bipartisan support that fueled this repeal, which followed a populist campaign led by a few individuals. The authors, Yale professors Michael Graetz and Ian Shapiro, delve into the implications of this political shift, framing it as a significant victory for those who value the work ethic and the American Dream.