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Elimination of stepped up basis
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IN555
Posted 8/20/2024 12:18 (#10858986 - in reply to #10858971)
Subject: RE: Elimination of stepped up basis


NW Indiana
The analogy I like to use regarding politics and a democracy is like a 4th grade class. If the class was to vote for someone to be in charge who would most likely get elected? The most popular kid? The smartest kid? The person that we see never gets elected anymore is the teacher. So I try viewing things from the teachers perspective. Of course the class isn’t going to agree with what we should do but from that perspective you can view what is fair for everyone in the class. Making everyone participate only seems fair doesn’t it? Should it matter who their parents are? Should it matter how popular they are? Or should the rules be applied in a way that gives everyone a chance and incentives them to participate?
Stepping back and viewing things from a different perspective often can change your feelings if one can get past their own bias.
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