The Dirty Little Secret of (Estate) Tax Reform

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

8 Pages Posted: 14 Aug 2012  

Edward J. McCaffery

USC Gould School of Law

Date Written: August 14, 2012

Abstract

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.

Suggested Citation

McCaffery, Edward J., The Dirty Little Secret of (Estate) Tax Reform (August 14, 2012). USC Law and Economics Research Papers Series No. C12-11; USC Legal Studies Research Papers Series No. 12-17. Available at SSRN: https://ssrn.com/abstract=2129309

Edward J. McCaffery (Contact Author)

USC Gould School of Law ( email )

699 Exposition Boulevard
Los Angeles, CA 90089
United States
213-740-2567 (Phone)
213-740-5502 (Fax)

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