Estimating the effects of estate tax rates in pamplovia

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Pamplovia raised its estate tax rate from 30% to 50%. However, it "grandfathered" in families whose householders were over 80 years old, allowing these families to be assessed the original 30% estate tax.

How could you go about estimating the effects of estate tax rates in Pamplovia on the magnitude of bequests?

Reference no: EM131200318

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