State Level Estate Tax

State Level Estate Tax

UFE supports progressive taxes at the state level, and has supported estate tax efforts in states including NH and RI.  A tax on inherited wealth is a traditional and common revenue source for states. Prior to the 2001 passage of the federal estate tax cut, every state levied an estate tax that allowed them to "pick-up" a share of federal estate tax revenues. In addition, about a dozen states levied a separate inheritance or estate tax.

Currently, close to half the states levy either an estate or inheritance tax.


New Hampshire Estate Tax Action Alert

UFE Testimony to the New Hampshire Legislature (PDF)

Rhode Island Estate Tax Action Alert

UFE Testimony to the Rhode Island Legislature (PDF)