We re-examine whether the broad support for repeal of the estate tax is a result of citizen ignorance. We find that increasing information about the estate tax or politics in general has very different effects on Republicans and Democrats. While high and low-information Republicans support estate tax repeal, Democratic support is higher among those who know less. However, most highly-informed people in both parties support repeal. We also show that standard surveys overestimate the extent of misinformation about the estate tax. Therefore, “ignorance” is not a compelling explanation of why so many people support estate tax repeal.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
346.
Find related papers by JEL classification: H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
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