In 2010, Congress chose to repeal the estate tax for that year, but retained the gift tax.

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In 2010, Congress chose to repeal the estate tax for that year, but retained the gift tax. Why do you think they did that?

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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: Mar 22, 2016 03:56 AM

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In 2010, Congress chose to repeal the estate tax for that year, but retained the gift tax.

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One of the most plausible reasons for having kept the gift tax while eliminating the estate tax was ...View the full answer

Taxation For Decision Makers 2014

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