InfoTrac Activities
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Tax wealth to broaden wealth: a proposal to tax the inherited fortunes of the rich in order to fund a policy agenda for greater wealth equality. Chuck Collins, Dedrick Muhammad.
Dollars & Sense
Jan-Feb 2004 i251 p22(4) (2670 words)
Instructions: Locate this article by visiting
http://www.infotrac-college.com
and entering "tax wealth broaden wealth" as Keyword search terms, and then answer the following questions.
1. Who are the primary beneficiaries of the cuts in the estate tax?
2. What are the economic costs to the federal government and charities from reducing and then eliminating the estate tax?
3. What data shows that the wealthy have seen a substantial increase in the percentage over time in the wealth they possess?
4. How do the authors propose to increase wealth equality?
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