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10/31/2017: Is the estate tax saving America from aristocracy?
Oct 31, 2017

10/31/2017: Is the estate tax saving America from aristocracy?

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The tax prevents individuals worth $5.5 million or more from passing on their estate untaxed, and Republicans have sworn it will be the first thing to go when tax reform comes. Plus, the story behind the lethal toxin that became Botox, and the company guarding it. And Kai Ryssdal interviews activist investor Bill Ackman, who is vying for control over payroll processing company ADP.

Segments From this episode

Botox is a multi-billion dollar, potentially deadly monopoly

The product comes from a substance so lethal that it could be used as a potential agent of bioterrorism.
Andreas Rentz/Getty Images

Why Bill Ackman sees activist investing as a moral crusade

For the Pershing Square Capital Management CEO, activist investing is just as much a moral calling as it is a lucrative one
Bill Ackman attends the Hamptons International Film Festival SummerDocs Series screening of 'Betting On Zero' at Guild Hall on August 6, 2016 in East Hampton, New York.
Matthew Eisman/Getty Images for Hamptons International Film Festival

Killing the "death tax": Is it fair?

Nov 20, 2017
Depends on who you ask.
A member of College Republicans National Committee dresses as Grim Reaper as he marches on Capitol Hill to call on the Senate to eliminate the death tax June 8, 2006 in Washington, D.C.
Alex Wong/Getty Images

The tax prevents individuals worth $5.5 million or more from passing on their estate untaxed, and Republicans have sworn it will be the first thing to go when tax reform comes. Plus, the story behind the lethal toxin that became Botox, and the company guarding it. And Kai Ryssdal interviews activist investor Bill Ackman, who is vying for control over payroll processing company ADP.

Music from the episode

Dig This Hocus Pocus
Reflektor Arcade Fire
Back For Me Electric Guest
Heart Of The City (Ain Various Artists
She Wolf Shakira