CONGRESS FOR VOTERS

John Thune (R-SD)

Death Tax Repeal Act of 2025

S. 587 · Senate bill Taxation

A Republican bill with 46 Republican cosponsors · See all 46 cosponsors

Last activity — Read twice and referred to the Committee on Finance. (text: CR S977-978)

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Death Tax Repeal Act of 2025," seeks to amend the Internal Revenue Code of 1986. Its primary purpose is to repeal the estate tax and the generation-skipping transfer tax. The legislation also introduces modifications to the gift tax, including a new rate schedule for computing the tax. Additionally, it establishes a lifetime gift exemption that is adjusted for inflation. These changes are intended to take effect upon the date of the Act's enactment.

Yes· 3 of 5

  • Scored +10

    Would high-income households be better off under this?

    The bill eliminates the estate and generation-siphoning transfer taxes which primarily impact wealthy households.

  • Scored +10

    Would people with substantial wealth be better off under this?

    The bill repeals the major taxes that target large transfers of wealth and estates.

  • Scored +10

    Would billionaires be better off under this?

    The removal of the estate tax provides significant financial benefits to those with extremely large estates.

The opposite

  • Scored -5

    Does this reduce what the federal government spends?

    The repeal of estate and generation-skipping transfer taxes reduces federal revenue.