Posts Tagged ‘state estate tax’

Long Live the Death Tax!

Conservatives hate the estate tax, which falls primarily on a tiny sliver of the very wealthiest households. However, criticisms of the estate tax do not hold up well under close scrutiny. We examined the criticism that the estate tax constitutes “double taxation” in the preceding article in this series. Estate tax foes raise other spurious…

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Is the Estate Tax Really “Double Taxation?”

Estate taxes reduce wealth inequality by taxing a portion of huge intergenerational wealth transfers, as noted in the previous installment in this series. Nonetheless, conservatives consistently call for reductions to or elimination of this tax, partly on the grounds that it constitutes “double taxation.” Armed with this assertion in 2017, conservatives reduced this tax both…

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