I see. I would be opposed to eliminating the step up
Posted on: April 26, 2017 at 21:40:51 CT
tiger4real MU
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On the other hand, not churning assets is a big reason why people become rich. Plus they typically increase the value of those assets by investing more capital in them over time - capital expenditures, hiring people, etc. I'd rather see investment in the private sector than taxation by Govt that will inevitably waste it.