According to The Tax Foundation, "Three studies found that the compliance costs associated with the estate planning industry exceed the revenue yield of the tax itself. The largest compliance costs, those created by the hiring of estate planners, accountants, and life insurance providers, all help to effectively shield payment of the estate tax liability. Instead of the government raising revenue, it has effectively paid out a subsidy to these select industries by continuing to exact a complex tax that creates demand for their services."

That sounds like something that only makes sense to Washington politicans.

Oh, by the way, lest ye think that the death tax is nececssary because it promotes "fairness," be advised that this study reports that it doesn't do that, either.

"Inheritance accounts for just 2 percent of income inequality according to one study, and other sources find that only 27 percent of wealthy households accumulated any wealth at all through inheritance. As the JEC Republicans highlight, only one in five children of a wealthy parent will be wealthy at their retirement. In effect, the estate tax does not soak the rich; it instead soaks their less-than-wealthy heirs," according to the study.

So it doesn't work. It doesn't actually raise revenue. And it doesn't make sense.

In other words: It's a perfect example of everything that's wrong with the Democratic Party.

(The Tax Foundation via The Daily Caller)