Progressive Estate Taxation
We present a model with altruistic parents and heterogeneous productivity. We derive two key properties for optimal estate taxation. First, the estate tax should be progressive, so that parents leaving a higher bequest face a lower net return on bequests. Second, marginal estate taxes should be nega...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
MIT Press
2010
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| Online Access: | http://hdl.handle.net/1721.1/58803 https://orcid.org/0000-0003-2370-5575 |