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land prices
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coup
Posted 11/18/2012 10:03 (#2703668 - in reply to #2701944)
Subject: Re: CIL you need to wise up


USA


Estate tax needs to be eliminated along with step up in basis. Tax the gain @ capital gain tax rate @ death , problem solved.

Person should not be taxed twice on the same $ that estate taxes cause to happen.

As far as estate tax limits, if we are going to continue down the estate tax road. Needs to be raised to $10 million per person and indexed for inflation. Current land value appreciation is not the fault of the owner, but failed gov money management.


Why should a person be penalized for a problem they didn't cause?


My hope is land vales tank, would make my life a lot simplier.
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