Synopses & Reviews
Includes bibliographical references (p. 164-165).
About the Author
William H Gates Sr. is the co-chair of the Bill and Melinda Gates Foundation in Seattle. He serves as trustee for a number of Northwest and national organizations, including the national board of United Way.
Chuck Collins is the cofounder and program director of the Boston-based United for a Fair Economy and Responsible Wealth (www.responsiblewealth.org). He is coauthor of several books about economic inequality, including Economic Aparthied in America: A Primer on Economic Inequality and Insecurity.
Paul Volcker is former chairman of the Board of Governors of the Federal Reserve System.
From the Trade Paperback edition.
Table of Contents
Chapter One: What Kind of Nation Do We Want to Be?
Revenue Loss and the Tax Burden Shift The Impact on State Treasuries The Estate Tax and Inequality The Dangers of Inequality Today Concentrated Wealth and Democracy Concentrated Wealth and Equality of Opportunity Growing Inequality Is Bad Economic Policy Inequality and Our Civic and Public Health Does the Estate Tax Have an Impact?
Chapter Two: The Origins of Americas Estate Tax
American Values: The Roots of the Estate Tax The Gilded Age and Movement for an Estate Tax Early Estate Taxation Supporters of the Estate Tax The Establishment of the Estate Tax
Chapter Three: Opposition to the Estate Tax
The Effort to Repeal the Estate Tax Inside the D.C. Beltway "Death Tax": Whats in a Name?
Orange County, California Seattle, Washington Hiding the Real Face of Estate Taxpayers The Estate Tax Down on the Farm The Estate Tax and Family-Owned Enterprises The Case for Repeal: Unsound and Misleading Arguments Is the Estate Tax Unfair Because Death Should Not Be a Taxable Event? Is the Estate Tax Unfair Because It Punishes Successful People Why Penalize People Who Leave Their Hard-Earned Savings and Wealth to Their Children? Is the Estate Tax a Form of Double Taxation? Does the Estate Tax Penalize the Little Guys? Does the Estate Tax Raise Enough Revenue to Cover the Cost of Collecting It? Is the Top Rate of the Estate Tax Too High? How Much Does the Estate Tax Really Raise?
Chapter Four: The Showdown
Budget Framework Fiscal Responsibility and the Rising Costs of Estate Tax Repeal Organizing to Oppose Complete Repeal The Estate Tax: A Summary of Changes
Chapter Five: What We Owe Our Society
A Religious Perspective on Wealth and Society What Is It Worth to Be an American? The Estate Tax and Charitable Giving A New Spirit of Giving? What about the Children? The Dangers of the Silver Spoon
Epilogue: The Estate Tax and the Common Good