House Ways and Means Committee Markup of H.R. 1

Fourth and Final Report: House Ways and Means Committee Markup of H.R. 1, Tax Cuts and Jobs Act As we await the release of the Senate’s “conceptual draft,” we wanted

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Revenue Analysis of Options to Reform the Federal Estate, Gift and Generation Skipping Transfer Taxes

Quantria Strategies; Final report September 2017 Revenue Analysis of Options to Reform the Federal Estate, Gift and Generation Skipping Transfer Taxes Executive Summary Our federal transfer tax system has three

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Revenue Analysis Of Options To Reform The Estate Tax

Revenue Analysis Of Options To Reform The Estate Tax, Gift tax And Generation Skipping Transfer Tax Our federal transfer tax system has three related components: The estate tax, a gift

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Estate Tax Will Be Impossible To Pay Off Forcing Sale

In 2005, Elizabeth Marshall Maybee inherited a 3000-acre Northern California ranch from her grandmother that had been in the family since the 1880s. However, “the Marshall Ranch, which survived the

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Death Tax Forced Lay Off Of Seasonal Workers

Seventh-generation cattleman Bob McKnight has faced the death tax on multiple occasions, with effects that have been exacerbated by dramatic wildfires and drought. For many farm owners, this has meant

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Investments At Risk If The Tax Exemption Is Reduced

When Tom and Leslyn Jacobs first got married, buying land was simply a dream. Indeed, they were both young foresters saddled with college loans and old vehicles. However, in 1984,

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Shutting Down Branches, Laying Off Workers, Or Liquidating Inventory

In 1973, Karen Madonia’s father purchased Illco, a Chicago-based distributor of parts and supplies for heating, ventilation, air conditioning, and refrigeration equipment. Although the company now has 97 employees in

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Federal Transfer Taxation: A Study In Social Cost

The federal unified transfer tax on estates, gifts, and generation-skipping transfers may appear to be attacks born solely by the wealthiest Americans. This view, however, is as misleading as the

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Statement of Terry Neese: Distinguished fellow, National Center Of Policy Analysis Family Policy Center.

Support for the estate tax is based on three major claims. One, inheritance is are a major source of wealth and equity. Two, the tax provide significant revenue for the

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