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To: babble-on

This is a tax increase!!!!!!!!!

Sounds good until you think about it. At death, assets get a stepped up basis and when the heirs sell it, no taxes are due.

With this, the basis will stay the same as the parents had AND WHEN YOU SELL IT, YOU WILL PAY MUCH TAXES.


12 posted on 03/31/2015 8:49:33 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple

Two different issues One has nothing to do with the other


15 posted on 03/31/2015 9:10:54 AM PDT by small business owner
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