Policy Documents

Costs and Consequences of the Federal Estate Tax

Rep. Jim Saxton (R-NJ) –
August 30, 2014

This study examines the arguments for and against the federal estate tax, finding that the benefits of the tax are often overstated, and in any case are far smaller than the documented costs. In light of this finding, there is no compelling reason to keep the tax, and a number of reasons to reduce or abolish it.