A proposed reform to the U.S. estate tax would lower the tax threshold to $1 million and return the highest marginal tax rate to 55%, resulting in a highest average tax rate of 18.8% and an average tax of 5.5% for estates valued between $1 million and $2 million.

Authors

• Person: Not available Organization: National Council on Family Relations
  The Role of Taxation in Family Inequality: Possibilities for Reform

Sources

• The Role of Taxation in Family Inequality: Possibilities for Reform www.ncfr.org National Council on Family Relations via serper

Referenced by nodes (1)

• U.S. location