The Dirty Little Secret of (Estate) Tax Reform
Edward J. McCaffery
USC Gould School of Law
August 14, 2012
65 Stanford Law Review Online 21 (August 14, 2012)
USC Law and Economics Research Papers Series No. C12-11
USC Legal Studies Research Papers Series No. 12-17
This brief commentary argues that Congress is unlikely to do anything dramatic with estate tax reform in 2012 – either allowing the tax to return to its Year 2000 levels, of a $1 million per person exemption and a 55% tax rate, in January 2013 or repealing the tax in full – because Congress has a financial interest in keeping the issue alive to generate campaign contributions for those both supporting and opposing the tax.
Number of Pages in PDF File: 8
Date posted: August 14, 2012
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo3 in 0.297 seconds