publication . Report . Preprint . 2004

Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns

Jon Bakija; Joel Slemrod;
Open Access
  • Published: 01 Jul 2004
  • Publisher: National Bureau of Economic Research
Abstract
This paper examines how changes in state tax policy affect the number of federal estate tax returns filed in each state, utilizing data on federal estate tax return filings by state and wealth class for 18 years between 1965 and 1998. Controlling for state- and wealth-class specific fixed effects, we find that high state inheritance and estate taxes and sales taxes have statistically significant, but modest, negative impacts on the number of federal estate tax returns filed in a state. High personal income tax and property tax burdens are also found to have negative effects, but these results are somewhat sensitive to alternative specifications. This evidence is...
Subjects
free text keywords: Economics, Labour economics, Tax reform, Tax credit, Value-added tax, Direct tax, Indirect tax, Tax avoidance, State income tax, Ad valorem tax, jel:H23, jel:H71

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Bakija, Jon. 2004a. “Documentation for a Federal-State Inheritance and Estate Tax Calculator Covering the Years 1900-2002.” Working paper, Williams College.

Bakija, Jon. 2004b. “Documentation for a Federal-State Personal Income Tax Calculator Covering the Years 1900-2002.” Working paper, Williams College.

Baldwin, Richard E., and Paul Krugman. 2004. "Agglomeration, Integration, and Tax Harmonization." European Economic Review. Vol. 48, No. 1, (February): pp. 1-23.

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publication . Report . Preprint . 2004

Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns

Jon Bakija; Joel Slemrod;