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Should the current estate tax rate be decreased?

Results

Last answered 21 minutes ago

Estate Tax Poll Results

Yes

62,561 votes

58%

No

44,675 votes

42%

Distribution of answers submitted by American voters.

2 Yes answers
2 No answers
0 overlapping answers

Data includes total votes submitted by visitors since Aug 10, 2016. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

Yes No Importance

Learn more about Estate Tax

The estate tax is a tax that is levied on all property that is declared in a deceased person’s will. The tax is also known as the “inheritance tax” or “death tax.” In 2016, the estate tax rate is 40% and only applies to estates with a value greater than $5.45 million. In 2015 5,300 estates in the U.S. were subject to the tax and paid $18.4 billion in taxes. Proponents of the tax, including Hillary Clinton, argue that more estates should be subject to the tax and the threshold should be lowered from $5.45 million to $3.5 million. Opponents of the tax, including Donald Trump, argue that people who have paid income taxes their entire life should not be subject to another tax when they die.  See recent estate tax news

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