President Coolidge has announced his intention to call in the near future a conference of the commissioners of the revenue of the several States, or such tax officials as may be designated, for the purpose of considering problems presented by the federal and State Inheritance, estate or succession taxes. The United States and forty six States now Impose such taxes. There is a striking lack of uniformity among the laws. Overlapping of taxes, resulting in double and triple taxation, and many problems of tax theory and administrant-ion are scheduled for discussion at the proposed conference.
Nature of Tax
An inheritance tax partakes of a dual nature; it is a measure for the production of revenue and, perhaps of greater importance, an instrument of social organization, ...