@kimmaicutler - this would lead to more housing inventoryhttps://twitter.com/JohnJHarwood/status/779025749634347009 …
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my bad. meant could, not would. no step-up just means bigger cap gains (upon sale, of course). won't nec free up inventory
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kids inherit home bought '70s for $100K.now $4M (upon death).sell @ $4.1M. no stepup, taxed on $4m gain, instead of $100K
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