110869883590712913

Q. Ari, why did the administration decide not to accelerate the estate tax–

ARI FLEISCHER: Because the purpose of the package that the President announced was, again, to create opportunities for growth and to stimulate the economy. When you provide people with these earlier child tax credits, to modify behavior by getting people to spend more money earlier, the last thing we want to modify is behavior vis-a-vis death. It would not exactly be good tax policy to give people an incentive to die earlier. (Laughter.) So, therefore, estate taxes are typically not the type of changes you want to make in the tax code involving their effective date. If you know what I mean. (Laughter.)

Full Transcript

Leave a Reply

You must be logged in to post a comment.