Tabarrok, Alexander (contributor) - 2000
refused to pay
it. Tax collectors were set upon by rioting mobs
and although the tax was quickly repealed it radi-
calized … energy crisis, and
inept foreign policy, voters elected Ronald Rea-
gan in 1980.
The Reagan revolution failed. Reagan passed … value of the painting, regardless of
the son’s income. To pay the tax the son may have
43Since the estate tax is progressive …