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Elimination of stepped up basis
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Jon
Posted 8/20/2024 19:24 (#10859468 - in reply to #10859418)
Subject: RE: Elimination of stepped up basis



Callao Missouri
coup - 8/20/2024 17:45

Jon - 8/20/2024 09:15

Dnc platform last night they just said on agritalk.

Im telling you, you cannot hate these communist democrats enough!

And all market talk was full of ladt 4 years, was trump bad.


Am the farthest thing from being a democrat, but believe that step up in basis should be eliminated in exchange for eliminating estate taxes.

Is not fair when a person that is above the estate tax limits pays estate taxes on assets that already has had income tax paid on them, when it comes time to settle the estate..Which amounts to around 75% tax on every $ earned between income tax and estate taxes.





I would agree with that. However i do not believe democrats can be trusted. I believe they have nefarious intent.
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