Harris' death tax reform could impact more than just the ultra-wealthy, experts say

Some experts tell Fox News Digital that Vice President Kamala Harris' reforms to the estate tax could impact more than just the ultra-wealthy.

"It creates monopolies," one conservative economist said. 

"It's going to impact a lot of our clients," a New Jersey estate planning attorney insisted. 

"The exemption is meant to reduce the double taxation of income," another economist said. "In a way, it's like the capital gains tax, where people are like, 'Oh, it's to [tax] privileged capital.' No, it's actually to reduce the double taxation of income."