Tax Policy Center

estate tax

: TaxVox

Havens Abroad, Shelters Ashore

No more tax havens abroad? The Organization for Economic Cooperation and Development released its plan to limit corporate tax avoidance . All 34 OECD members plus 10 other countries including China and Russia have approved the proposals, though each nation must still implement them. The
September 17, 2014Renu Zaretsky
: TaxVox

What’s Love Got to Do with It? Not Much, in Congress

The Senate won’t “Bring Home Jobs…” at least not through the bill that would have denied tax deductions for costs of moving corporations out of the country. The Bring Home Jobs Act needed 60 votes to pass but received only 54. The House GOP may vote to put the estate tax to death. They’ve been
July 31, 2014Renu Zaretsky
Individual Taxes: TaxVox

The Demise of Estate Tax Planning

A fascinating story in last Friday’s Wall Street Journal reports what I suppose was an inevitable trend: With the estate tax exemption now up to...
September 10, 2013Howard Gleckman
Individual Taxes: TaxVox

DOMA’s Demise and Federal Taxes

Same-sex couples are cheering the Supreme Court’s striking down the Defense of Marriage Act (DOMA), but the tax consequences are more of a mixed bag...
June 26, 2013Roberton C. Williams
Individual Taxes: TaxVox

Same-Sex Couples and Taxes

The 1996 Defense of Marriage Act (DOMA) was not primarily a tax law but it certainly affects the federal taxes that same-sex couples pay. In...
March 25, 2013Roberton C. Williams
Individual Taxes: TaxVox

Give Now or Pay Later: The Ever-Changing Estate and Gift Tax

For over a decade, the federal estate and gift tax has been in constant flux with its exemption rising, its rates falling, and its near-death...
December 13, 2012Roberton C. Williams
Individual Taxes: TaxVox

102% Tax Rate? Really?

Investment manager James Ross last week told New York Times columnist James Stewart that his combined federal, state, and local tax rate was 102 percent...
February 8, 2012Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox

Romney’s Tax Plan Really Does Favor the Rich

Despite evidence to the contrary, there is a lingering view that Mitt Romney’s tax plan would primarily help middle-income households and not favor the rich...
January 30, 2012Roberton C. Williams
Individual Taxes: TaxVox

The Coming Flood of Estate Tax Returns

Fewer than 3,300 estates will owe federal estate tax this year, the smallest number in more than 75 years (other than 2010 when the tax...
November 30, 2011Roberton C. Williams