Rethinking Estate and Gift TaxationWilliam G. Gale, James R. Hines, Joel Slemrod Although estate and gift taxes raise a small fraction of federal revenues, they have become sources of increasing political controversy. This book is designed to inform the current policy debate and build a conceptual basis for future scholarship. The book contains eleven original studies of estate and gift taxes, along with discussants' comments. The essays provide background and historical information; analyze the optimal taxation of estates and gifts; examine the effects of the tax on charitable contributions, saving behavior, the distribution and level of wealth, tax avoidance and tax evasion; and explore the effects of alternatives to estate taxation. |
What people are saying - Write a review
We haven't found any reviews in the usual places.
Contents
Elements of Federal Estate Taxation | 55 |
Avoiding Federal Wealth Transfer Taxes | 93 |
A Framework for Assessing Estate and Gift Taxation | 144 |
Do Estate Taxes Reduce Saving? | 196 |
Inequality and Wealth Accumulation Eliminating the Federal Gift and Estate Tax | 238 |
The Impact of the Estate Tax on Wealth Accumulation and Avoidance Behavior | 279 |
Charitable Giving in Life and at Death | 330 |
Noncompliance with the Federal Estate Tax | 355 |
The Distributional Burden of Taxing Estates and Unrealized Capital Gains at Death | 402 |
Elderly Asset Management and Health | 437 |
Contributors | 485 |
Index | 487 |
Other editions - View all
Rethinking Estate and Gift Taxation William G. Gale,James R. Hines,Joel Slemrod Limited preview - 2011 |
Common terms and phrases
accumulation additional aggregate allowed amount analysis assessment assets assume audit average avoidance behavior bequests capital capital gains changes chapter charitable child closely consider consumption contributions costs death decedents deduction distribution dollars donor dummy earnings Economic effect equal equation estate and gift estate tax estate tax returns estimates example exemption expected federal figure filed gains gift tax given giving gross estate held higher holdings households important included income tax increase individuals inheritance interest Journal labor less lifetime limited lower male marginal marital married measure million mortality motives noted parent percent period planning population positive possible present probability raise reasons received reduce relative reported revenue saving share shows significant Source spouse suggests tax liability tax rate taxable estate taxation transfer tax trust utility variables wealth worth