Birdwatch Archive

Birdwatch Note Rating

2023-04-04 00:28:13 UTC - HELPFUL

Rated by Participant: 66C73EAE8D6B70C3640AE922F11A80106402329A687072A868245FCAC478CCA9
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

Original Tweet

All Information

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