Treasury OTA Finds Estate Tax Is Still Highly Progressive

U.S. Department of Treasury

Treasury Office of Tax Analysis

Although using cash income in the year before death could lead to understating a decedent’s ability to pay, the estate tax is still highly progressive and should be included in federal tax burden analyses, Treasury’s Office of Tax Analysis said in a June report on the correlation between income and wealth for taxable estates.

<p>Although using cash income in the year before death could lead to understating a decedent’s ability to pay, the estate tax is still highly progressive and should be included in federal tax burden analyses, Treasury’s Office of Tax Analysis said in a June report on the correlation between income and wealth for taxable estates.</p>