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?
Who pays the estate tax? Q.Who pays the estate tax? A.The top 10 percent of income earners pays more than 90 percent of the tax, with nearly 40 percent paid by the richest 0.1 percent. Few farms or family businesses pay the tax. Read more about Who pays the estate tax?
What is an inheritance tax? Q.What is an inheritance tax? A.A type of wealth transfer tax in which the recipient, rather than the donor’s estate, is taxed. Read more about What is an inheritance tax?
