[…] The world seems to be moving away from this standard. Six EU countries – Portugal, Slovakia, Sweden, Austria, Lichtenstein, and the Czech Republic – have already repealed the inheritance tax since 2000, according to the Tax Foundation. President Donald Trump supports such a change to U.S. policy.
Curiously, one of those countries where this tax has already been repealed is Sweden, used as an example of socialist policies worldwide, including by Spanish left-wing parties. (The far-left Podemos, or PSOE, cites Finland as its model, instead of Venezuela.) […]