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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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