Most Republicans support killing the estate tax as part of a tax overhaul, but doing so could have dire consequences for something else conservatives cherish — charitable giving.
President Donald Trump along with top GOP lawmakers have proposed ending what they call the death tax — a 40% levy that’s applied to estates worth more than $5.49 million for individuals and $10.98 million for married couples. The tax affected only 0.2% of estates in 2015.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access