How should wealth be taxed? Q.How should wealth be taxed? A.There are three options: an estate and gift tax (like the current US federal system), an inclusion tax, or an accessions tax. Read more about How should wealth be taxed?
How do the estate, gift, and generation-skipping transfer taxes work? Q.How do the estate, gift, and generation-skipping transfer taxes work? A.The federal estate tax applies to the transfer of property at death. The gift tax applies to transfers made while a person is living. The generation-skipping transfer tax is an additional tax on a transfer of property that skips a generation. Read more about How do the estate, gift, and generation-skipping transfer taxes work?
How could we reform the estate tax? Q.How could we reform the estate tax? A.Possible reforms run the gamut from repeal to modest fixes that would make the tax more difficult to avoid. Read more about How could we reform the estate tax?
