Trump wants to eliminate the estate tax, which is levied on the distribution of property as it passes from deceased persons to their heirs. Of course the critics are yelling this could save the Trump family as much as $1.4 billion. Keeping with that logic, one would guess it is a good day to die before the Democrats get back in. What they ignore by focusing on Trump is that we have big farming today because of the estate taxes have resulted in farmers being forced to sell land to pay inheritance taxes and small businesses closing because the tax must be paid at the expense of workers who lose their job. Trump's initial plan would also help small business who provide 70% of all employment. The "pass through" tax on small businesses at 25%, instead of the income tax rate their owners would pay often 39%+ reducing job growth. Most U.S. businesses are taxed under their owners' individual income tax rate instead of the corporate rate. All of these proposals will have a tremendous impact upon the US share market providing the backbone for the rally which has resistance at 23000 area which is capping the market right now.

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