University of San Diego Legal Working Paper Series
University of San Diego Law and Economics Research Paper Series
Estate Tax Repeal and the Budget Process
Article comments
vol. 104 of Tax Notes at p. 1049 (Sept. 6, 2004).
Abstract
This article examines the Bush Administration’s proposal, as part of its proposed fiscal year 2005 budget, to extend permanently the repeal of the federal estate tax. The article considers the budgetary impact of permanent estate tax repeal and discusses procedural impediments to use of the reconciliation process for permanent tax cuts. The article also notes the possibility of a durable compromise solution involving retention of the estate tax with lower rates and a higher exemption.
Subject Area
Accounting, Banking and Finance, Estate Planning and Probate, Law and Economics, Taxation, Taxation-Federal Estate and Gift
Recommended Citation
Karen C. Burke and Grayson M.P. McCouch,
"Estate Tax Repeal and the Budget Process"
(October 2004).
University of San Diego Legal Working Paper Series.
University of San Diego Law and Economics Research Paper Series.
Working Paper 2.
http://law.bepress.com/sandiegolwps/le/art2
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