Birdwatch Note Rating
2023-04-04 01:04:51 UTC - HELPFUL
Rated by Participant: 86691D091A7D80C73372AB0A86E442E506FCD174621AB285F6B03ABBB0EBA807
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