Elimination Of Stepped-Up Basis Looks Unlikely, Schwab Lobbyist Says

President Biden's proposal to eliminate the step-up basis for calculating inheritance taxes is getting the cold shoulder from both Democrats and Republicans, Schwab's top Washington D. C. Lobbyist told advisors today......

https://www.fa-mag.com/news/prospects--rocky--for-biden-plan-to-end-stepped-up-basis---schwab-lobbyist-says-62468.html