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The Death Tax is an ineffective Federal revenue raiser
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Federal revenue raised from death taxes as a percentage of total revenue has been on a steady decline since 1940.
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The unified death and gift tax now brings in less than 1.1% of total Federal revenues.
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The death tax system forces many estates, as well as the IRS and the US Justice Department to expend substantial funds to comply with and administer the system.
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It is estimated that it costs the government 65 cents for every dollar collected through the death tax for enforcement and compliance costs.
Please e-mail us with your comments, death tax horror stories and suggestions on-line at feedback@deathtax.com.
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