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Recent Analyses of the Estate Tax:  

News
Estate Tax Repeal Would Hurt Charitable Giving, New CBO Reports Say

Two new studies by the Congressional Budget Office (CBO) find that a permanent repeal of the federal estate tax would greatly reduce charitable giving. The CBO estimated that overall charitable giving would decline between 6 and 12 percent, and the decline in charitable bequests would range from 20 to 30 percent, if the estate tax were fully repealed.
Download full press release (.pdf)
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CBO Releases Two New Studies Examining Impact of Estate Tax on Charitible Giving
The Congressional Budget Office has released two new reports on the impact of the estate tax on charitable giving. The reports confirm that there is a significant negative impact on charitable giving that would result from the elimination of the estate tax. Read More

Presentation Highlights Important Implication of Reform Options to Estate Tax
The Tax Policy Center has recently created an extremely sophisticated microsimulation model of the estate tax. A recent presentation to American's for a Fair Estate Tax highlights some of the important implications of various reform options.

A longer analysis will be produced by the Tax Policy Center in the Near Future, but the presentation gives some preliminary results.



The Estate Tax: By the Numbers

The Tax Policy Center has recently posted tables displaying the impact of the estate tax. The analysis shows just how few people would benefit from a repeal of the estate tax:
Read More

NPP: Trillion Dollar Tradeoff

The Natinal Priorities Project (NPP) recently released illustrations of the cost of an estate tax repeal broken down by state.

From their website: "NPP offers two factsheets that show what estate tax repeal would cost the nation and selected states and what that revenue could buy in local services instead."

The Estate Tax and Charitable Giving: State-by-State Analysis
Research has shown that eliminating the estate tax would have a significant negative impact on giving to charitable organizations. Using state-level data on charitable revenue, this report estimates the state-by-state loss in charitable giving that would result from a full elimination of the estate tax. For the nation as a whole, estate tax elimination would have reduced charitable giving in 2001 by an estimated $10 billion. On average, states would have lost $187 million in annual charitable giving, with larger states losing considerable more.


Read More

Estate Tax Planning and Charitable Giving
Losses to charities and the people they serve would likely exceed the estimated $10 billion a year if the estate tax is repealed, because of the impacts on charitable giving behavior from total elimination of the tax. Read More

The Estate Tax and Charitable Giving
There is little doubt that repeal of the estate tax will have a profound impact on nonprofit organizations. One way nonprofits will feel this impact is through less charitable giving. This policy analysis examines the ways in which nonprofits and foundations might be affected as well as the magnitude of the reduction in charitiable giving that might arise from a full repeal. Read More

CBO Issues Analysis of Options for Repeal and Reform of Estate Tax

As part of its annual look at budget scenarios, which includes a wide array of tax and revenue options, the Congressional Budget Office (CBO) recently released an analysis of four different options for the estate tax and the revenue effects of each option. Read More

National Women's Law Center: "Permanent Tax Breaks for the Wealthiest 2% Are Unfair"
This June 2002 2-page fact sheet from the National Women's Law Center provides a concise look at -- among other aspects of estate tax repeal -- a comparison between the extremely limited number of people who would benefit from permanent repeal of the estate tax with the vast number of people who could benefit from using the funds preserved through sensible reform to strengthen Social Security.

Read more tax analyses from NWLC


CBPP Analysis: "Costly Permanent Estate Tax Repeal Would Benefit Only A Few, Very Large Estates"
This June 3, 2002 analysis from the Center on Budget and Policy Priorities examines the many problems with permanent repeal of the estate tax, as proposed by Senators Jon Kyl (R-AZ) and Phil Gramm (R-TX) -- and provides a comparison with the relatively lower costs of sensible reform options.

More CBPP analyses of the estate tax are available on the Center's website.



Citizens for Tax Justice: Estate Tax Questions
Citizen for Tax Justice provides answers to many of your questions about the history of the estate tax and reasons for maintaining the tax.

CTJ Estate Tax Analysis

More from CTJ



NETWORK: A National Catholic Social Justice Lobby -- Position Paper
NETWORK opposes the permanent repeal the estate tax. As millions of people – parents and children, the elderly, people with disabilities, and the working poor – are forced to meet their most basic needs through charity, we are dismayed that the focus of attention is not on meeting their needs, but is on furthering tax cuts that will benefit the most affluent.

Read the full NETWORK Position Statement on Permanent Repeal of the Estate Tax

More on Tax Issues from NETWORK


Independent Sector Policy Position on the Estate Tax and Charitable Tax Bequests
Read Independent Sector's Policy Position on the Estate Tax.

The statement outlines the negative effects of estate tax repeal on charitable giving.

More from Independent Sector.


The Charitable Implications of the Estate Tax
Read More

Is Estate Tax Repeal Really About Helping Small Businesses and Family Farmers?
A major reason cited for repealing the estate tax is that it “is killing family business,” including family farms. But the facts simply do not support this contention. Read More

Impact on the States
Most state treasuries benefit directly from the estate tax by "picking up" a portion of the federal estate taxes paid by estates in their states.
The following analyses detail the impact full repeal of the estate tax will have on each state.
Read More

The Estate Tax and Charitable Giving
OMB Watch has noted that repeal of the estate tax would have three adverse impacts: it would increase concentrations of wealth and power; it would sharply curtail charitable giving; and it would reduce federal revenues likely causing cuts in programs serving low-income and vulnerable families. In this fact sheet we begin to explore the connection between charitable giving and the estate tax. Read More

Estate Tax and Government Revenue
Because of the debate over repeal of the estate tax, OMB Watch has produced a series of articles providing background on the tax. This fact sheet focuses on the impact the estate tax has on government revenue. As with other discussions of the estate tax, we include the gift tax and generation-skipping transfer taxes in the discussion when we use the term estate tax, since it is a unified tax. Read More

Repeal of the Estate Tax: Impact on Nonprofits
An overview of the estate tax and the impact repeal would have on the ability of nonprofits to serve their communities. Read More