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Elimination of stepped up basis
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IN555
Posted 8/20/2024 15:46 (#10859222 - in reply to #10859198)
Subject: RE: Elimination of stepped up basis


NW Indiana
So why should the JD tech have to pay income tax on the money I’m paying him when its my money and I should be able to do whatever I want with it, I’ve already paid tax on it. Isn’t his rate higher because he has to pay income tax so essentially I’m paying it again? Oh it’s different because he is earning it or because I’m dead? Or is it just okay if it’s family? So there should be a clause on inheritance that it’s only tax free to family? How far down the family tree is okay? So your argument is that you are more mad the government is taking your money once you are dead then while you are alive?
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