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Death and Retirement Tax Changes Could Add $723B in Revenue Over 10 Years: CBO
By
Allison Bell
News December 13, 2024 at 03:07 PM
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What You Need To Know
- The federal government could pile up $22 trillion in deficits from 2025 through 2034.
- The CBO has posted a list of 76 ideas for narrowing the deficits.
- Changes for inherited assets could increase tax revenue by $536 billion over 10 years.
- Limiting retirement plan contributions might add $187 billion over 10 years.
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