Beth Kaufman Talks to CNBC on Proposed Changes to Estate Tax
House Democrats proposed a change to the estate tax that would lead to more households having to pay up each year.
But just how many people actually pay the tax, and how might the proposal change that share?
The short answers: Few people pay it now, and the share wouldn’t grow by much.
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Historically, between 1% and 2% of U.S. adults who die each year owe estate tax, Kaufman said.
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In the short-term, the change would likely increase the taxable share to about 0.3% or 0.4% of deceased adults, Kaufman said.
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