Posted 1/11/2021 20:09 (#8743573 - in reply to #8743516) Subject: RE: Stepped up basis... again
EC IL
Kooiker - 1/11/2021 18:51
Indrtfmr - 1/11/2021 19:46 How ignorant, a guy scrimps and saved to help his kids out and you want 67% of it? He paid for it with money he saved after taxes
Actually the part that his kids would owe taxes on is appreciation in value that has never been taxed.
The part that he paid for with after tax money would not be taxed again.
And what caused that "appreciation in value"? Nothing to do with inflation caused by rampant money creation/printing, would it? Money created to pay for the latest social programs to buy votes?
Stepped up basis... again
