Estate Tax

The federal estate tax, paid only by the estates of the very wealthiest individuals, is a highly progressive tax that raises a significant amount of revenue to fund vital services. An aggressive campaign, financed by a few super-wealthy families, has sought to permanently repeal or drastically reduce the tax. We're working to ensure that tax code does not benefit the wealthy at the expense of ordinary Americans.

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Fact Sheet | House GOP Budget Takes Trillions from Women and Families, Gives Trillions to Millionaires and Corporations

April 15, 2011

The House Republican budget resolution for fiscal year 2012 and beyond, released by Representative Paul Ryan (R-WI) and passed by the House of Representatives on April 15, increases tax breaks for millionaires and corporations while eviscerating Medicaid, Medicare, and other programs vital to women and girls at every stage of their lives.

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Reports & Toolkits | President Obama’s Fiscal Year 2012 Budget and H.R. 1, the Continuing Resolution: A Tale of Two Visions

February 18, 2011

The budget is a statement of national priorities, and in February 2011, the nation was presented with two drastically different visions: President Obama's budget for Fiscal Year 2012 and H.R 1, the House Republican bill for funding (or de-funding) the federal government for the remainder of Fiscal Year 2011.

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Fact Sheet | The Estate Tax

November 01, 2009

The federal estate tax, paid only by the estates of the very wealthiest individuals, is a highly progressive tax that raises a significant amount of revenue to fund vital services. An aggressive campaign, financed by a few super-wealthy families, has sought to permanently repeal or drastically reduce the tax.

Eliminating or drastically reducing the taxes paid by the estates of multimillionaires would leave average Americans to pick up the tab, through a combination of higher taxes, cuts in services, and added debt. But the estate tax is scheduled to disappear in 2010 and then return at roughly 2000 levels if Congress doesn’t take action.

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