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I guess stepped up basis is considered a loophole
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Getoffmylawn
Posted 6/30/2020 09:25 (#8344977 - in reply to #8344723)
Subject: Okay


Texas, the really flat part
Joelt - 6/30/2020 07:39

Perhaps you can comment on the subject of the original post and explain to us why it’s a good thing.


That’d create more opportunity for younger farmers to buy land at lower prices and it’d reduce inter generational wealth transfer. I don’t think the $600k exemption from estate taxes is high enough.
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