Edward J. McCaffery (USC) has posted Through the Looking Glass: The Politics of Estate Tax Reform on SSRN. Here is the abstract:
This brief article summarizes an argument that the estate tax reform or repeal debate has always been about money: but not the government’s money from the tax, which is modest at best, but the politicians money from campaign contributions elicited to retain or repeal the tax. The article uses that theory to predict likely short term legislative developments.
