IN555 - 8/20/2024 10:59
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?
You need to study a little more about taxes. Stepped up basis is totally different from inheritance tax.
And your point on inheritance tax being ok is uninformed also. If you add in state inheritance tax it would ruin many family farms. | 
Elimination of stepped up basis
