Effects of Estate Tax Reform on Charitable Giving
6 Pages Posted: 2 Oct 2003
This paper examines the effects of estate tax repeal on charitable giving. Using data from a variety of sources, we conclude that outright repeal would reduce giving at death by about $5 billion per year, and giving during life by a similar amount. The resulting decline in giving, $10 billion per year, represents about 5 percent of total giving and is roughly equivalent to annual grant-making by the 110 largest foundations.
JEL Classification: H0
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