What impact would repealing the estate tax have on the distribution of wealth? On the face of it, there should be no doubt that wealth would become more concentrated. Fewer than 2 percent of estates pay any tax at all; and as of 1997, half of the total taxes paid came from estates valued at […]
Lisa Keister
Lisa A. Keister is an assistant professor of sociology at Ohio State University and the author of Wealth in America.
