For more discussion and your own suggestions you can post in https://lemmy.world/c/policy
Text post rather than image of text https://lemmy.world/post/13834866
For more discussion and your own suggestions you can post in https://lemmy.world/c/policy
Text post rather than image of text https://lemmy.world/post/13834866
Collateral for loan is realised gain. Nice. I always wondered what a good mechanism against that kind of tax cheating would be.
How about ending step-up basis and have the taxes in gains taken from the estate before inheritance?