Estate, gift, and inheritance taxes

Taxing Capital Gains at Death at A Higher Rate Than During Life

May 13, 2022 –

President Joe Biden and Senate Finance Committee Chair Ron Wyden (D-OR) have proposed different ways to tax unrealized capital gains every year. Their shared goal...

Individual Taxes

South Dakota Turned Itself Into A Tax Haven. But Why?

October 14, 2021 –

In recent decades, South Dakota has become one of the world’s great tax havens. By the end of last year, more than $367 billion in...

Individual Taxes

Want To Know Why A Wealth Tax Won’t Work? Remember The Time Michael Jackson’s Estate Landed in Tax Court

July 12, 2021 –

If you want to know why a wealth tax would be an administrative nightmare, take a look at the dispute over the estate of pop...

Individual Taxes

How Biden Would Tax Capital Gains At Death

June 7, 2021 –

How Would Biden Tax Capital Gains At Death? President Biden has proposed major changes in the way the US taxes the assets of those who...

Five Tax Questions to Ask When Looking at President Biden’s Budget

May 27, 2021 –

President Biden on Friday is set to unveil his first full budget along with Treasury’s Green Book, which will provide the first detailed look at...

Campaigns, Proposals, and Reforms

Permanently Extending the Tax Cuts and Jobs Act, President Trump Would Cut Taxes by $1.1 Trillion through 2030

October 27, 2020 –

During each presidential election, the Tax Policy Center analyzes the tax policies of the two major candidates. This year, TPC estimated the effects of Democratic...

Would Wealth Taxes Solve Wealth Inequality?

January 15, 2020 –

Democracies become oligarchies when wealth is too concentrated. So begins a letter by Berkeley economists Emmanuel Saez and Gabriel Zucman about presidential candidate Bernie Sanders’...

Campaigns, Proposals, and Reforms

Three Largely Ignored Tax Policy Issues When Taxing The Wealthy

January 8, 2020 –

The current debate over wealth taxes mostly focuses on whether the very rich are undertaxed, but gives little attention to the most efficient and fairest...