Birdwatch Note Rating
2023-04-04 00:18:46 UTC - NOT_HELPFUL
Rated by Participant: E57C3AA7D1F193219D6BFD2DBD441BE013DA65CE11C44C4A3C68C0C75D1896D2
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