This act would turn the current Estate Tax into a more progressive and fair tax on inheritance. This bill will result in a lower level of wealth inequality and generate considerable revenue for the Federal government. I encourage all of my colleagues to debate this bill and pass it as soon as possible.
I'll have a separate cost analysis ready shortly. Your numbers may not be correct in this context becasue the estate tax estimate from the FY2019 budget was 29 billion (due to changes from RL made last year).