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Re:The Greatest Wealth Transfer in History Is Here, with Fam... by voisin on Sunday May 14, 2023 @10:59AM (#35938506)
There isn’t a deemed disposition at the fair market value at the time of death? I thought the estate paid that capital gain which is why the inheritor receives it at the new FMV?
Re:The Greatest Wealth Transfer in History Is Here, with Fam... by HDThoreaun on Sunday May 14, 2023 @02:06PM (#35939951)
nope.
Re:The Greatest Wealth Transfer in History Is Here, with Fam... by CPLX on Sunday May 14, 2023 @03:16PM (#35940544)
No. It’s completely fucking indefensible and sitting there in plain sight.
Re:The Greatest Wealth Transfer in History Is Here, with Fam... by humanrebar on Sunday May 14, 2023 @05:20PM (#35941430)
I think the argument is that certain kinds of inheritance, like real estate and ownership in small businesses, cannot survive the taxes. It's the "what about the family farm/store/restaurant?" argument.