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Biden Campaign’s Proposal to Eliminate the Step-Up in Basis at Death

Publisher: Boston Bar Association Trust & Estates Section
March 18, 2021
Day Pitney Author(s) Kaitlyn Sapp

Kaitlyn Sapp authored the blog post, "Biden Campaign's Proposal to Eliminate the Step-Up in Basis at Death," for the Boston Bar Association Trust & Estates Section blog. The post discusses the speculation on what tax reforms we might expect from the Biden Administration and Democratic-controlled Congress.

Sapp explains that Biden's campaign highlighted their commitment to capital gains reform with the goal of getting rid of capital gains tax loopholes for the wealthy. The post discusses the "Greenbook" revenue proposals of the Obama Administration, which commentators have turned to as a source for more detail on what these reforms could look like.

Read the full article here.


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