[Alberta's Child]

Of all the proposed changes in the tax code, this one actually makes sense to me. It’s ludicrous for identical capital gains for taxpayers in the same tax bracket to be taxed differently just because one of them sold it after buying it himself and the other one sold it after inheriting it.

[Fightin Whitey]

Of all the proposed changes in the tax code, this one actually makes sense to me. It’s ludicrous for identical capital gains for taxpayers in the same tax bracket to be taxed differently just because one of them sold it after buying it himself and the other one sold it after inheriting it.

Yes, those damned rich people anyway. How could they dare to be smart enough to prosper far and away more than poor simpletons like you?

TAKE IT AWAY!!!

[Fightin Whitey]

Of all the proposed changes in the tax code, this one actually makes sense to me. It’s ludicrous for identical capital gains for taxpayers in the same tax bracket to be taxed differently just because one of them sold it after buying it himself and the other one sold it after inheriting it.

Yes, those damned rich people anyway. How could they dare to be smart enough to prosper far and away more than poor simpletons like you?

TAKE IT AWAY!!!

How stupid can one be to think they are going to stop there?

[ridesthemiles]

A flaw in your reasoning:

IF I buy it myself-—I am controlling that decision.

IF I inherit-—that is out of my control. The dead person made that decision.

[doug from upland]

Great tagline, my FRiend.

[rolling_stone]

its not ludicrous, the tax code is used not only to raise money and steal it from those who earn it, it is designed as a tool of social engineering...

the stepped up value has a purpose and the libs/commies are trying to change social engineering that benefits family units and long term investment and stability..instead they want people to have to depend on the government and limit their chances and incentives for independence and self productivity. why work hard, save and invest if you cant pass your already taxed income without penalties?

inflation accounts for much of capital gains and is nothing more than the government stealing from the people.

the government should be penalized for creating inflation not benefit from it. inflation is a hidden tax on the people and it is created and controlled by the government.

as thomas jefferson said:
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs