USC Law and Economics Research Papers Series No. C13-3
USC Legal Studies Research Papers Series No. 13-3
Posted: 1 Feb 2013 Last revised: 12 Feb 2013
Date Written: January 31, 2013
In this brief commentary, to appear in a later version in Tax Notes, I argue that, now that we have no meaningful estate tax for the vast masses of even wealthy individuals and families, it is time to call for an end to stepped-up basis on death and to start doing something, somehow, to shut down the typical tax planning of the wealthy.
Suggested Citation: Suggested Citation
McCaffery, Edward J., A Progressive's Silver Lining Playbook: The Case for Repealing Stepped-Up Basis (January 31, 2013). Tax Notes, Forthcoming; USC Law and Economics Research Papers Series No. C13-3; USC Legal Studies Research Papers Series No. 13-3. Available at SSRN: https://ssrn.com/abstract=2210088