Glenn Kessler @GlennKesslerWP
I'm not defending stepped-up basis but this will be mind-numbingly complex to implement. The whole point of the estate tax was to capture these gains in a much simpler way. But then of course the estate tax was largely eliminated in the 2017 GOP tax law. — PolitiTweet.org
Jonathan Chait @jonathanchait
Stepped-up basis is a loophole for the wealthy so absurd and unjustifiable that even Jeb Bush and Mitt Romney propo… https://t.co/66j89fifx0