TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Tuesday, October 4, 2016

Clinton, Obama, Trump, And Congress Wage Estate Tax War

The Hill, War Over the Estate Tax Returns:

Battles are flaring over the estate tax, with the issue receiving increased attention from the presidential candidates, the Obama administration and Congress.

https://taxprof.typepad.com/taxprof_blog/2016/10/clinton-obama-trump-and-congress-wage-estate-tax-war.html

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Comments

An estate tax increase is in our future, although it may take as many years to be enacted as the current top income tax rates took. Portability of the estate tax exemption to the surviving spouse will take a lot of the sting out of a rate increase or exemption decrease.

Posted by: AMTbuff | Oct 4, 2016 10:16:16 AM

I don't think Clinton's stupid proposal will go anywhere in the short term.

Posted by: Nathan | Oct 4, 2016 5:11:51 PM

Frankly, I suspect world-wide deflation will be in our future. If this happens, can some families get a refund?

Posted by: Dale Spradling | Oct 4, 2016 6:57:30 PM