Sens. Booker, Van Hollen, Colleagues Announce New Legislation to Close Stepped-Up Basis Tax Loophole
March 29, 2021
March 29, 2021
WASHINGTON, March 29 -- Sen. Cory Booker, D-New Jersey, issued the following news release:
U.S. Senators Cory Booker (D-NJ), Chris Van Hollen (D-MD), Bernie Sanders (I-VT), Sheldon Whitehouse (D-RI), and Elizabeth Warren (D-MA), announced a new proposal to close the stepped-up basis income tax loophole - reforming one of the largest tax breaks in our federal tax code in order to support national investments that will benefit all Americans and build a more inclusive economy. This new . . .
U.S. Senators Cory Booker (D-NJ), Chris Van Hollen (D-MD), Bernie Sanders (I-VT), Sheldon Whitehouse (D-RI), and Elizabeth Warren (D-MA), announced a new proposal to close the stepped-up basis income tax loophole - reforming one of the largest tax breaks in our federal tax code in order to support national investments that will benefit all Americans and build a more inclusive economy. This new . . .