PolicyArchive.org | About | All Collections
PolicyArchive is a comprehensive digital library of public policy research containing over 30,000 documents.
Publication Date: October 2008
Publisher: Tax Policy Center
Author(s): Leonard E. Burman; Katherine Lim; Jeff Rohaly
Research Area:
Keywords: Economy; Federal Budgets & Fiscal Policy; Income and Wealth Distribution; Tax Policy
Type: Report
Abstract:
In this paper we review the current wealth transfer tax rules and the changes introduced in 2001. We offer an overview of the methodology underlying the TPC's estate tax model and then use the model to estimate the number of estate tax filers, taxable returns, and the distribution of burden under current law. Finally, we investigate the revenue and distributional effects of several proposals to reform the estate tax, including those put forth by the presidential candidates.