Skip navigation

The 2021 Green Book’s Focus On Income Taxes

Biden seeks to shift the paradigm further.

On May 28, President Biden and his administration released its revenue-raising proposals in the Treasury Department’s General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals (the Green Book).1 For estate planners, the proposals were interesting both for what was included and what wasn’t. Most notably, the much anticipated reduction in the estate and gift tax exemption didn’t make it into the Green Book nor did any changes to the

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.