Inheritances are an end-run around Capital Gains and should be taxed accordingly... With an option to instead maintain the paperwork and avoid the capital gains reset.
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"I want to hold onto the family jewels that we bought for 23 pounds in 1742 because they're *the family jewels*" -> "When you sell them, you pay capital gains the whole way up from 1742's value". Seems to finesse at least some of the issues .
End of conversation
New conversation -
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Good old hard work that has already been taxed heavily...
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