Rhetoric and Economics in the Estate Tax Debate
@article{Gale2001RhetoricAE, title={Rhetoric and Economics in the Estate Tax Debate}, author={W. Gale and Joel B. Slemrod}, journal={Tax Law: Tax Law & Policy eJournal}, year={2001} }
[© Brookings Institution] In this paper, we evaluate and critique ten principal claims made in recent debates on the estate tax, distinguishing five types of statements: facts, rhetoric, value judgments, economic reasoning, and informed speculation. Economics can not fully resolve the debate because economic knowledge is inconclusive and because value judgments help determine optimal choices. Nevertheless, economic analysis can contribute substantially to informing these debates and we show… CONTINUE READING
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