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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Beth Kaufman, a Member at Caplin & Drysdale who previously worked in Treasury’s Office of Tax Policy, also spoke at the event, drawing on her estate tax expertise.

“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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