Tax Policy Center: Estate TaxesTax Policy Center reports on: Estate Taxes - The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution. The Center is comprised of nationally recognized experts in tax, budget, and social policy who have served at the highest levels of government.The Estate Tax Is Down, But Not Out- December 1, 2001 The 2001 tax act phases out the estate tax over nine years, before reinstating it in year 10. That untenable plan guarantees that the estate tax will be revisited soon. This policy brief summarizes the economic effects of the estate tax and the proposed changes. The estate tax makes the tax system more progressive, encourages charitable contributions, and reduces wealth concentration. Although it is needlessly complex and ridden with loopholes, critics have grossly exaggerated its negative...http://www.taxpolicycenter.org/publications/url.cfm?id=310382&RSSFeed=Estate_Taxes.xml |