Discover and read the best of Twitter Threads about #valuationBS

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Nerdy tax thought of the day: Treasury decision to withdraw 2704 regs prob reduces cost of estate tax repeal by 1/3 #JCT #valuationBS
Under current law you can play valuation games to reduce value of the estate for tax purposes. Proposed regs would make that harder to do.
Withdrawing regs means that estate tax raises less revenue
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