Birdwatch Note Rating
2023-04-03 23:49:09 UTC - NOT_HELPFUL
Rated by Participant: 4252EC2DD342C40F7C78B62741EE097F36693888A9D03295C50D841694B54CDC
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