Brookings Analyzes Estate Tax Alternative to Wealth Tax

Brookings Analyzes Estate Tax Alternative to Wealth Tax

Brookings Institution

Expanding the estate tax is a reasonable alternative to a wealth tax and would raise significant amounts of revenue, with a 40 percent flat tax rate on estates and an exemption threshold of $1 million raising nearly $120 billion, according to an August 4 report from the Brookings Institution.

Expanding the estate tax is a reasonable alternative to a wealth tax and would raise significant amounts of revenue, with a 40 percent flat tax rate on estates and an exemption threshold of $1 million raising nearly $120 billion, according to an August 4 report from the Brookings Institution.

Expanding the estate tax is a reasonable alternative to a wealth tax and would raise significant amounts of revenue, with a 40 percent flat tax rate on estates and an exemption threshold of $1 million raising nearly $120 billion, according to an August 4 report from the Brookings Institution.

Expanding the estate tax is a reasonable alternative to a wealth tax and would raise significant amounts of revenue, with a 40 percent flat tax rate on estates and an exemption threshold of $1 million raising nearly $120 billion, according to an August 4 report from the Brookings Institution. 