Fund a teacher tax credit by reducing the estate-tax exemption

Liccardo proposes rolling back the large estate-tax exemption created by the 2017 Tax Cuts and Jobs Act to help pay for a federal teacher tax credit. He argues that the exemption benefits a very small share of the wealthiest taxpayers and suggests returning it to pre-2017 levels. He presents this as one possible way to fund the credit without increasing the overall tax burden on U.S. taxpayers.

Context: The estate-tax rollback is offered as one funding option; the passage does not establish that it would be enacted or dedicate its revenue through a specific bill.

In their own words

By rolling that exemption back to pre-2017 levels

The source

/education ↗

Published: Original date not established; campaign context manually checked
Retrieved: 11/12/2026