Jenny L. Juehring, Why the End Is Here for State Death Transfer Taxes and How States Should Respond

Jenny L. Juehring, has made available for download her article, “Why the End Is Here for State Death Transfer Taxes and How States Should Respond,” published in Issue 5, Volume 96, of the Law Review at Washington University in St. Louis. The Abstract is as follows:

It is time for the remaining states with death transfer taxes to consider repeal. Some state death transfer taxes have rates that give preferential treatment to bequests that are likely on the decline due to changes in household structure. State death transfer taxes, as a result of interstate competition, give incentives to people to move states, underreport death transfers, and use other tactics to avoid a state death transfer tax. State death transfer taxes are failing to be a significant source of state revenue. Additionally, state death transfer taxes cannot be an effective tool to combat wealth inequality. Without any justification and serving no purpose, the state death transfer tax is at its end. The remaining states with a death transfer tax should begin the process of repeal.

To see full article, click: Why the End Is Here for State Death Transfer Taxes and How States Should Respond | Issue 5 | Volume 96 | Law Review at Washington University in St. Louis

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s