Kenneth F. Scheve Jr.
Originally published 03/25/2013
Kenneth F. Scheve Jr. is a professor of political science at Stanford University. David Stasavage, a professor of politics at New York University, is the author of “States of Credit: Size, Power, and the Development of European Polities.Under the deal struck by President Obama and Congress to avert the “fiscal cliff,” the estate tax — long targeted for elimination by Republicans — survived, but in a substantially diminished form.In 2001, the year George W. Bush became president, individual estates over $675,000 were taxed and the top rate was 55 percent. Now, the maximum tax is 40 percent and only individual estates worth more than $5.25 million are taxed (a figure that will now be automatically adjusted for inflation).
- JFK's diary reveals fascination with Hitler, compared to 'legend'
- Secret South Korean Nuclear Weapons Program Created Anxiety in Washington in Mid-1970s
- The President Is Under FBI Investigation. Is This Normal?
- President Trump Praised Both Andrew Jackson and Henry Clay
- Nativism, Violence, and the Origins of the Paranoid Style
- Douglas Brinkley says there’s a "smell of treason in the air"
- Mary Maples Dunn, Advocate of Women’s Colleges and President of Smith, Dies at 85
- Gil Troy says Jews and Israelis are the victims of a “Hate Swarm”
- Eric Foner interviews Matt Karp about his new book on slaveholders
- Are historians ignoring the history of originalism?