The Economic Case Against the Death Tax

Curtis Dubay / July 21, 2010

After months of inactivity, the Senate could finally address the death tax in the coming days. It is about time it acted, because in a little over five months—January 1, 2011—the death tax will rise from 0 percent all the way to 55 percent.

Proponents of the death tax make several arguments about why Congress should allow the death tax to resume hurting families and harassing family-owned businesses and farms. The most common arguments in favor of the death tax are: (more…)