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Elimination of stepped up basis
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IN555
Posted 8/20/2024 10:59 (#10858883 - in reply to #10858863)
Subject: RE: Elimination of stepped up basis


NW Indiana
I pretty much disagree with everything from that side when it comes to fiscal issues but tax policy should drive people to participate and innovate. Being able to build generational wealth that allows others to not contribute to society isn’t much better than anyone else not contributing. Is it really that hard to make inheritance work with say a 25% fed/state tax? My gosh how did you survive before all that free money?
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