Which of the following statements is NOT true regarding the estate tax?
A) Political opponents have re-branded the estate tax as a "death tax."
B) Estate taxes can be levied on both savings and properties that a deceased person passes on to his or her heirs.
C) Critics argue that some estate taxes force family farms to be broken up upon the death of a property owner.
D) Nearly everyone who inherits money must pay an estate tax due to federal laws.
Correct Answer:
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