More on the Future of the Estate Tax

Robert Moshman (attorney & writer) has written a new article entitled The Estate Analyst: Can The Estate Tax Cheat Death? The End Is Near (No, It is Not).

Here is a summary of the article:

Watching the estate tax sign off at the end of 2009 may be like watching a total eclipse of the moon; you stand around watching a lot of blackness, nothing much happens, and pretty soon you end up looking at the same old moon. Goodnight moon. Goodbye estate tax. 

After a decade of phasing in, the repeal of the estate tax is finally about to arrive…but may be called off at the last minute. So let us bid a cautious farewell to the estate tax since we shall meet again. In fact, the nondeparture of the estate tax may be the biggest anticlimax in tax history.