Today brings news that John Kluge, the billionaire media magnate, has died at 95. Robert Frank at the WSJ's Wealth Report, said that Kluge's death is sure to unleash another round of tax debates, since he and his heirs won’t have to pay any estate taxes.

Robert Frank at the WSJ's Wealth Report, said that Kluge's death is sure to unleash another round of tax debates, since he and his heirs won't have to pay any estate taxes.