Birdwatch Note Rating
2023-04-04 09:58:37 UTC - HELPFUL
Rated by Participant: 1394C696153BDD31C4BFD24E3C1E8D94D41550ED3422F738FEA8DA3705F0F43D
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