The Joint Committee on Taxation stated that Congress repealed the carryover basis rules due to concerns that they increased the cost and complexity of administering estates.

Authors

• Person: Not available Organization: Center for American Progress
  How the Government Subsidizes Wealth Inequality

Sources

• How the Government Subsidizes Wealth Inequality www.americanprogress.org Center for American Progress via serper

Referenced by nodes (1)

• Congress entity