Estate Tax

RECENT NEWS
NPR  Dec 7  Comment 
As Republicans prepare to pass their massive tax overhaul, they are planning to lessen, or even eliminate, the estate tax. Critics say the tax plays an important role in making the economy fair.
NPR  Dec 4  Comment 
The Iowa Republican senator tells The Des Moines Register that eliminating the so-called death tax isn't targeted at those who are spending everything they earn "on booze or women or movies."
New York Times  Nov 21  Comment 
That’s a heck of a way for the Trump administration to talk about the richest Americans.
New York Times  Nov 16  Comment 
Scarcely 5,000 estates a year fall under the tax, but those seeking to reduce or eliminate it have outsize influence.
MarketWatch  Nov 9  Comment 
The Senate Finance Committee on Thursday released a broad-ranging tax plan that differs in some key respects from a House proposal, as Republicans press forward with their attempt to overhaul the nation’s tax code.
Motley Fool  Oct 29  Comment 
The estate tax lifetime exemption and annual exclusion amounts are set to rise in 2018.
Motley Fool  Oct 25  Comment 
Find out whether you'll get stuck with this potentially massive tax.
Clusterstock  Oct 19  Comment 
Bernie Sanders and Ted Cruz had a pointed back-and-forth Wednesday night about the estate tax. Republicans have referred to the estate tax as the "death tax" for at least 20 years. Use of the term "death tax" has helped turn public opinion...
Motley Fool  Oct 15  Comment 
The much-hated "death tax" could be history. Find out who benefits.
New York Times  Oct 13  Comment 
Treasury Secretary Steven Mnuchin said repealing the estate tax will help the rich. Those comments stand in contrast to President Trump’s claim that the tax hurts the working class.




 

An estate tax is a tax levied on an heir's inherited portion of an estate if the value of the estate exceeds a certain limit set by law. The estate tax is imposed on assets left to heirs, not the transfer of assets to a surviving spouse.

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