Allowing the 2017 estate tax changes to expire will reduce U.S. inequality and promote economic growth and opportunity

The 2017 Tax Cuts and Jobs Act made deep cuts to the personal income, estate, and corporate income taxes that were costly and heavily skewed toward the very wealthy. The law’s temporary doubling of the estate tax exemption—the threshold at which estates are subject to tax—expires at the end of 2025, along with the personal […] The post Allowing the 2017 estate tax changes to expire will reduce U.S. inequality and promote economic growth and opportunity appeared first on Equitable Growth.