000			00789nab a22001217a 4500
008			160615b1996 xxu||||| |||| 00| 0 eng d
100			_aChapman, Kenneth
245			_aEstate taxes and asset accumulation _cChapman, Kenneth.
260			_c1996
300			_a253 - 268
520			_aThis paper describes changes in the estate tax over the last few decades in the United States and analyzes its motivation and effects on tax revenue and asset accumulation. Utilizing both aggregate and individual data for the last four decades, we find evidence of individuals responding to higher estate tax rates by shifting away from asset accumulation. We also find some weaker evidence that much of it occurs through reductions in the most liquid forms of assets.
773			_aFamily Business Review _dSep
999			_c43543 _d43543