Bloomberg Talks to Beth Kaufman on Tax Policy
Sen. Bernie Sanders’s (I-Vt.) wealth tax proposal goes further than the plan from another 2020 contender, Sen. Elizabeth Warren (D-Mass.).
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“When we value these assets for estate tax purposes, this is a major undertaking,” she said, adding that such appraisals are, more often than not, inaccurate. “We need some kind of system that would simplify that process.”
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