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Estate and gift taxes
Estate and gift taxes is $39B and has held roughly steady over the last 3 months. That is near the top of its range: higher than 97% of readings since 2016.
Latest (latest reading)
$39B
As of
Oct 2026
3-month change
−$1B
1-year change
+$8B
20-year percentile
97th
20-year median
$27B
What it is. Taxes on large inheritances and gifts, last 12 months. Note: the latest update failed, so this shows the last good data.
What it affects next
Estate and gift taxes is unusually high: $39B, 97th percentile of the last 20 years. Here is what has tended to follow, based on links the data backs up.
No tested downstream links to trace yet.
What is driving it
None of its tested drivers is moving much right now.
Source: Treasury Monthly Treasury Statement.