Talk:Stepped-up basis

Please rewrite "Sunset provision" section
Under, the section called "Sunset provision", it presently says: "Prior to Pub. L. 111–312, IRC § 1014(f) provided that this section would not apply to decedents dying after December 31, 2009. As of December 2010, the anticipated sunset was therefore removed." As a layperson, I may have understood 98% of the article before this. But I have no idea what this means, or what the word "therefore" is there for. No definition for "sunset" was there either, which doesn't help. Can someone knowledgable about this, and certain of the law here, please rewrite this in plain English without multiple (or any) negatives in it? Thank you! Misty MH (talk) 06:24, 8 December 2014 (UTC)

DONE. — Preceding unsigned comment added by Whitecliff (talk • contribs) 05:26, 9 March 2017 (UTC)

Assessment comment
Substituted at 07:01, 30 April 2016 (UTC)

Section “Rationale for stepped-up basis”
This section providing a justification for this highly controversial provision seems very hard to understand IMHO. Also the interrelation of capital gains and estate taxes herein needs clarification. JdelaF (talk) 02:11, 18 September 2021 (UTC)

P.s. Just noticed this isn't entitled as a US article. Maybe it should be? JdelaF (talk) 02:46, 18 September 2021 (UTC)