Search Results - subject:"Inheritance"

The Uneasy Case for Wealth Transfer Taxation

McCaffery, Edward J. - 2020

The estate tax, meant to separate large concentrations of wealth, has failed to raise significant revenue due to it having multiple exceptions, exemptions, and exclusions. This Article argues that the estate tax contravenes liberal egalitarian ideals, considers and then rejects a tightened...

Persistent link: https://www.econbiz.de/10012824041

Real Estate Taxes and Home Value : Evidence from TCJA

Li, Wenli - 2020

We examine the impact of changes in the federal tax treatment of owner-occupied housing stemming from the implementation of the Tax Cuts and Jobs Act (TCJA) in January 2018 on local housing markets. Using county-level house price information and IRS tax data, we find that, holding everything...

Persistent link: https://www.econbiz.de/10012840263

Restraining Live Hand Control of Inheritance

Glover, Mark - 2020

Inheritance law generally defers to the donor's decisions regarding what property should be distributed to which donees … hand control.” But just as the inheritance process is guided by the decisions of the dead, it is also influenced by the … distributed to an alternate donee. Thus, inheritance law grants control not only to the dead hand of the donor but also to the …

Persistent link: https://www.econbiz.de/10012823893

Integration of Income and Estate Tax Planning

Sosner, Nathan - 2020

Preservation and transfer of wealth to future generations is one of the central financial goals for most high-net-worth families. In this study, using a stylized theoretical model and Monte-Carlo simulations, we quantify the benefits of income and estate tax planning for growing wealth over...

Persistent link: https://www.econbiz.de/10012824117

Unternehmensfinanzierung durch Ausgabe von Kryptotoken : Besteuerung in Deutschland und in der Schweiz

Hötzel, David; Krüger, Fabian; Niermann, Marcus; … - 2020

Persistent link: https://www.econbiz.de/10015202013

Does Inheritance Promote the Accumulation of Financial Knowledge?

Hwang, Yebin - 2020

inheritance. Analysis of a long panel of the Wisconsin Longitudinal Study offers suggestive evidence that inheritance receipt is … associated with a significant but small increase in financial knowledge. The correlation between inheritance receipt and …

Persistent link: https://www.econbiz.de/10014090208

Policy Forum : Taxing Wealth Transfers in Canada Using an Accession Tax

Purse, Graham - 2020

Wealth transfer taxes have had a long history in Canada: the Rowell-Sirois report suggested federal administration; the Carter report emphasized the importance of including wealth transfers in income. Yet by the 1980s wealth transfer taxes had largely disappeared in Canada. This article makes...

Persistent link: https://www.econbiz.de/10014092756

Mind the Gap : Inheritance and Inequality in Retirement Wealth

Stolper, Oscar; Brenner, Lukas - 2020

Drawing on detailed panel data, we find that gifts and inheritances substantially increase households’ private pension savings in accounts which are costly or impossible to withdraw prematurely. Back-of-the-envelope calculations suggest that (a) the average difference in bequest-induced...

Persistent link: https://www.econbiz.de/10014352146

History's masters : the effect of European monarchs on state performance

Ottinger, Sebastian; Voigtländer, Nico - 2020

Persistent link: https://www.econbiz.de/10012424236

History’s Masters : The Effect of European Monarchs on State Performance

Ottinger, Sebastian - 2020

We create a novel reign-level dataset for European monarchs, covering all major European states between the 10th and 18th centuries. We first document a strong positive relationship between rulers' intellectual capabilities and state-level outcomes. To address endogeneity issues, we exploit the...

Persistent link: https://www.econbiz.de/10012482515