Baby Boomer Inheritance

New reseach shows that the median inheritance for baby-boomers was $47,909 -- well below the $1.5 million of estates that will be tax free in 2004.

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Appropriations Update

It looks like congress will go home for vacation leaving more than half of the annual appropriations bills unfinished.

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Cost of Estate Tax Repeal

Over 20 years, the repeal would cost $982 billion in lost revenues.

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Christian Science Monitor Article

A recent article from the Christian Science Monitor describes the impact of proposed legislation (CARE act, and estate tax repeal) on charitable giving.

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The Fiscal Crisis Affecting the Nonprofit Sector

Some charts from a recent presentation by Gary Bass:

The Fiscal Crisis Affecting the Nonprofit Sector (.doc)

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Farms and Businesses

A recent email asked:

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Glossary of Important Budget Terms

Ellen Taylor has compiled a nice glossary of budget terms.

See: OMB Watch - Glossary of Important Budget Terms.

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Reform Not Repeal

AFET has registered the domains http://www.reformnotrepeal.org and http://www.reformnotrepeal.com. Feel free to use them to link to FairEstateTax.org.

These URL's represent AFET's belief that the estate tax in an important part of a fair and efficient tax system; and that simple reform is a viable option to full repeal.

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Bush Tax Cuts

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