Birdwatch Note Rating
2023-04-04 01:48:39 UTC - NOT_HELPFUL
Rated by Participant: 8417C759E7EF6430B7C1D9EE1E1E0DA0AAC89DB8467DEF1047BC8DC1E5F3F7C9
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