[ANSWERED] 1. Most estates are not subject to the federal estate tax. a. Why is this the case? b. Do you…

1. Most estates are not subject to the federal estate tax.
a. Why is this the case? b. Do you believe most estates should be subject to
the federal estate tax?
2. Indicate which of the following taxes are generally
progressive, proportional, or regressive:
a. State income taxes
b. Federal estate tax
c. Corporate state franchise tax
d. Property taxes
e. State and local sales taxes