that they keep the stepped up basis is the tell.
Ditto on inherited property. The idea that estate tax is double taxation but hey, you can't deduct state & local tax is, um, inconsistent.https://twitter.com/richardrubindc/status/926638270506848256 …
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Noone cares how many times something is taxed. Care how much it is taxed. Rather pay 1% twice or 20% once? “No double tax” is specious.
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