The estate tax changes are not permanent

22 Aug 2025 · 0 min

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In this brief commentary, Jerry Taylor explains that the recent estate tax changes touted as "permanent" are not truly permanent because Congress can amend tax law at any time. He clarifies that a legislative label of "permanent" merely indicates the absence of a set expiration date, not an immutable rule. Taylor warns viewers not to base financial planning on the current large estate‑tax exclusions, urging them to stay skeptical of political rhetoric that may mislead or "gaslight" the public about tax stability.

So great news! Congress says the new estate tax changes are permanent. Yeah, that was a lie, because the truth is Congress can change that law anytime they want to. When Congress says something is permanent, that just means they did not include a date when it would end. So if I was you, I would not get used to the huge exclusions. Don't let the politicians gaslight you, because the only thing permanent about the tax code is that Congress can change it whenever they want to.