Birdwatch Note Rating
2023-04-04 00:28:13 UTC - HELPFUL
Rated by Participant: 0796FF42D03EE3211AC01FE3B03ED35791FE0EA5894F408EAF65E29A3390F889
Participant Details
Original Note:
This plan would repeal the step-upped basis which allows families to inherit property without paying tax on increased property value over time. This would affect ALL inherited property. https://www.investopedia.com/explaining-biden-s-tax-plan-5080766 Also, the plan will not continue the Trump increase Standard Deduction affecting ALL. https://smartasset.com/taxes/biden-capital-gains-tax
All Note Details