Edward A. Zelinsky has published an article on TaxNotes, titled “The Case for Limiting the Estate and Gift Tax Charitable Deductions”. The article begins as follows:
If enacted into law, the legislation recently approved by the House Ways and Means Committee1 would make important changes to the federal estate and gift taxes. However, that legislation omits one compelling proposal: limiting the estate and gift tax charitable deductions.2 This change would ensure that all large estates pay some estate tax to the federal treasury.
Click here to see the full article: “The Case for Limiting the Estate and Gift Tax Charitable Deductions”
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.