re: Estate taxes

quote:

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I'd like to see the zero LTCG rate bracket expanded but eliminate or reduce stepped up basis at death

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The reason they won’t do this is it would destroy the lower middle class home owner. When the only asset in your family is your house, you need the step up. I don’t necessarily disagree with you, but that is the reason it will not happen. They may change the step up to only apply to non tangible assets. But that opens up a whole new can of worms.

I hate the irs. So much.